Your Home Sold Guaranteed Realty - Reeds Real Estate

Avoid 6 Mistakes When Buying a Home in Chesapeake

When you are buying a home in Chesapeake, common homebuyer mistakes can end up costing you time and money. The good news is that these mistakes are entirely avoidable. The bad news is that most homebuyers don’t realize that they are making a mistake until it is too late. Since your home is your most valuable asset, it’s important that you don’t make mistakes that could cost you thousands of dollars or waste valuable time.

That’s why at Your Home Sold Guaranteed Realty – Reeds Real Estate, we’ve created a free special report that details common mistakes homebuyers make when buying a home in Chesapeake. With the help of our special report, you can learn what mistakes to avoid and what actions to take instead to make your real estate transaction a success. 

Not Getting Pre-Approved For A Mortgage

One common mistake is not getting pre-approved for a mortgage before you begin house hunting. Even better than verbal pre-approval, you can get a written pre-approval from the bank that includes your credit application and a certificate that guarantees the amount you are qualified for. 

When multiple homebuyers submit an offer on the same home, all other things being equal, the homebuyer with pre-approval will be chosen. A written preapproval is like money in the bank while an offer conditional on financing is a gamble. 

Having a mortgage pre-approval gives you peace of mind when shopping for a home. Plus, the pre-approval process is fast, easy and free.

Not Setting a Workable Budget

Another common mistake is not knowing what dollar amount you are comfortable with paying. Instead of setting your budget by what you qualify for, assess your finances to set a budget you are comfortable with. That number may be higher or lower than what you are qualified for. 

Not only will this save you headaches down the road, but it will also save you time by not viewing properties outside of your price range. 

H2: Buy a Home Today with Your Home Sold Guaranteed Realty – Reeds Real Estate

If you’re buying a home in Chesapeake, let us help you get a great deal on your dream home. To get started today, call us at (757) 799-4824, contact us here, or fill out the form below to request access to our free special report.

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