Your Home Sold Guaranteed Realty - Reeds Real Estate

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

Buying a home in Hampton,Va

Are you ready to buy a home in Hampton but aren’t sure where to start? Buying a new home is an exciting time, one that should be full of joy and promise. However, certain common home buyer mistakes can wreak havoc on your real estate transaction.

That’s why at Your Home Sold Guaranteed Realty – Reeds Real Estate, we’ve created a special report of 6 common mistakes homebuyers make. These mistakes can cost you time and money, as well as headaches down the road if not avoided. Learn what to do – and what not to do – when buying a home in Hampton. We replace these common mistakes with simple, effective and actionable steps you can take to keep your dream home from becoming a nightmare. 

Here are just a couple of the common mistakes you should avoid. For a full list, complete the form below. 

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 pre-approval, 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 pre-approval 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, 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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