Your Home Sold Guaranteed Realty - Reeds Real Estate

Realtor Tips: Avoid 6 Mistakes When Buying a Home in Hampton Roads

Buying a home in Hampton Roads Va

Are you struggling to buy a home and aren’t sure what mistakes to avoid? If you’re buying a home in Hampton Roads, VA, you know that there are a lot of factors to consider. From getting the right mortgage to getting a good deal on your next home, home sellers can often feel like they are juggling too many balls in the air simultaneously.

A recent report explores the 6 most common and costly mistakes homebuyers make when buying a home in Hampton Roads, VA. You can request a copy of this valuable report below. The report is offered with no cost and no obligation. 

So what are the most common mistakes homebuyers make when buying a home in Hampton Roads, VA? 

Not Saving Time and Money With a Mortgage Pre Approval 

One common mistake is not getting preapproved for a mortgage before you begin house hunting. Even better than verbal preapproval, you can get a written preapproval 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 preapproval process is fast, easy and free.

Not Setting a Workable Budget When Buying A Home In Hampton Roads

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. 

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

If you’re buying a home in Hampton Roads, VA, 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.

Request your copy of this report here.

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