Here are five common mistakes that homebuyers need to avoid.

In today's challenging real estate market, there are five mistakes that homebuyers must avoid to achieve success. Let's take a closer look at these mistakes and how to avoid them:

1. Not getting fully pre-approved by a reputable lender. This means going beyond simply getting a rough estimate from a lender. Instead, get fully preapproved to be as close to a cash buyer as possible without actually being one.

2. Not working with an agent who knows the real estate market well. With increasing competition and multiple offers on properly priced listings, it's important to have an experienced agent to help navigate the intricacies of the buying process.

“Pre-approval lets you get close to being a cash buyer.”

3. Not following the advice of your trusted agent. Once you find an agent you trust, it's important to listen to their advice on how to succeed in today's market.

4. Not educating yourself enough about the current real estate market. While you should rely on your agent for guidance, it's also important to do some research on your own to stay informed.

5. Not being flexible with the terms of your offer or counteroffers. Closing dates, occupancy dates, inclusion/exclusion of items in the sale, and closing costs are all factors that can make your offer more appealing to a seller in today's competitive market.

To learn more about how we can help you with the home buying process, please give us a call at (513) 657-2500 or send us an email. We look forward to hearing from you and helping you on your home-buying journey.

 

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