“Assuming that the highest loan they are approved for means they can afford it.”
” Not getting a home warranty. The AC failed three months after they bought the house.”
“Not knowing about assistance programs for buyers.”
“Not shopping for a mortgage. Rates and closing costs can vary widely.”
“Offering much more than the market value of the home because of multiple offers, then not being able to sell in a few years because they owed more than the home was worth.”
“Deciding they didn’t want the home after the termination period. The buyers lost their earnest money.”
“Overlooking structural problems because the cosmetics of a remodel were so pretty.”
“Not realizing co-signing a loan for your son can tank your credit score.”
“Making too low of an offer when really wanting a home, then losing it to others who made a fair offer.”
“Not getting a home inspection because the buyer wanted to save a few hundred dollars. Big mistake.”
“Purchasing a cheap home and not understanding the costs to make it livable.”
Padre Elite Team, PLLC, Realtors
RE/MAX Elite
956-433-8564
South Padre Island, TX 78597
