Advice to Avoid When Buying a Home

Attention to bad advice

       

At the time of buying house doubts and questions arise, the demand to find the ideal property is constant, the views of third parties are many and sometimes unnecessary, instead of being part of the solution, arise as a new problem. Buying a property can become a truly exhausting task.

 

One of the concerns of future buyers in the business of buying and selling a home is in particular about the financing, the guarantees of the house and whether or not there is a lack of rehabilitation of the property. We alert to any problems that may arise when you contemplate and put on the balance the bad advice of third parties. So we show you some of them:

 

Bad advice: "Make a low offer"

 

If you are interested / dazzled by a house and want to get the best price possible. The truth is that a low bid may distract you from the deal. The best thing is to do an intense search in order to evaluate the area where you want to buy and understand the prices practiced in that same area.

 

Bad advice: "Let the owner stay in the house after closing the deal"

 

If you agree with the seller, for any reason (for example, looking for a new house) to leave the property a few months later, you must make clear and in writing the conditions under which he can stay in the property, because during that period there may be reprisals for the buyer, such as damage to an object of the property, the seller may not find a home within the indicated time limit. After analyzing these conditions it is necessary to carefully draft a contract, which includes start and end dates, penalties if it does not come out and insurance requirements, in case something happens on the property.

 

Bad advice: "No need to take insurance"

 

Canceling home insurance is one of the worst decisions you can make, although you may feel that you are saving money - if you ask for money from the bank, it will always ask you to contract insurance. And it is the best option, since it avoids future problems with neighbors, for example.

 

 

Bad advice: "Comprehensive remodeling before you move"

Only if you encounter serious structural or functional problems that need to be changed in the house you just bought, we recommend that you let it pass for a few months until you realize what you really need to change.

 

It is not worth spending money on a complete remodeling of the house, since one day later you will need it in the future. A good choice will be to make small adjustments, divide the division.