Sunset Beach and Beyond Realty

  • Home
  • Search Carolina Coast
    • Community News
    • Calabash
    • Carolina Shores
    • Holden Beach
    • Myrtle Beach
    • Ocean Isle Beach
    • Southport
    • Sunset Beach
  • Buyer
    • Buyers Articles
    • Homeownership
    • Testimonials
  • Sell Your Home
    • Sellers Articles
    • Listing Agents
  • Our Team
    • Designations
    • Area Lifestyles
  • Market Reports
  • Local News
    • Events
  • CONTACT
Home » Buyers Advice from Real People

Buyers Advice from Real People

August 29, 2017 by admin 2 Comments

Sure we can talk about all the homebuyer advice under the sun, from a real estate agent. It’s quite different from real people that are not in the business. I can tell you all of the things I wish you knew, but that’s from my perspective; it means so much more coming from real home buyers that have dealt with issues and problems and have learned from them.

Buyers Advice from Real People

A friend of mine recently posted on Facebook a great question asking homeowners what they wish they knew about buying a property. They gave some very honest and candid answers that I’d like to share with you here.

A buyer so they got so caught up in getting the house that they ended up settling for house they really didn’t want.

Don’t get so caught up in a bidding war or a negotiation back and forth before stepping back and realizing do I really want this house?

Another buyer talked about getting a second opinion on the inspection.

Yes, inspections can be costly but it could be a lot more costly repairing something after the fact that just getting an inspection to begin with to realize what needs to happen.

A buyer asked for a home warranty or some sort of insurance to cover appliances, heating and cooling systems and electricity.

A home warranty is a great investment for sellers and a good incentive to draw buyers in. It gives buyers the confidence that most of the property is in good working condition and if something isn’t, it will be covered for up to one year after purchase.

Buyers need to realize that they shouldn’t make large purchases or get a credit card before the close on the house. This is extremely important especially if you are financing the property.

Another real estate agent chimed in on the post and talked about a buyer that had to explain why there was a deposit for $600 from his dad three years earlier. She thinks that it happened because the buyer applied for a furniture store credit card two days before closing. The mortgage company scrutinized this borrower and asked a ton of questions. Anything you do that could put your financial future at risk is going to be a red flag to lenders.

Another buyer regretted not researching all the forms, reports, inspections and other documents before signing.

They didn’t get all the information and the simply trusted the sellers on septic reports and other electrical systems. Unfortunately, because of this, they had to pay $12,000 in septic system repairs after they closed on the property, all out of their own pocket.

I was surprised to see the one buyer didn’t even realize they were buying a mobile home.

If a home is financed, the mortgage lender needs to have different documents for a mobile home versus a single detached house. The buyer was so caught up in the landscape around the house that she didn’t realize she was buying a mobile home.

Read More: How to find the perfect real estate agent in 5 easy steps

A buyer talked about the possibilities of neighborhood issues being a problem after you move in. The neighborhood could have a certain stigma with crazy neighbors, bad dogs in the area, loud noise from roads or railroad tracks close by, high probability of sinkholes or even sex offenders living in the neighborhood.

It’s important to research the neighborhood as well as the house itself.

Thank you to all that contributed. It was a great way to really get a sense of what buyers feel after buying. Be prepared. Do your research or ask your real estate agent to help with the research so you can be glad you bought and enjoy your home for years to come. 

Filed Under: Buyers Tagged With: buyers advice, home buyers

Comments

  1. Ridley Fitzgerald says

    November 7, 2017 at 12:29 am

    You have some great tips for buying a home here. I like the idea of getting a home warranty as a buyer, for sure. Like you said, that would draw me in. Warranties make everything better.

    Reply

Trackbacks

  1. Landscaping Trends That Sell Homes says:
    October 25, 2019 at 4:17 pm

    […] sold. A well-maintained yard adds so much to the curb appeal and first impression of a home. Get buyers to want to come inside with some great […]

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

What our clients say

Ken and Linda Foltz

“Life will lead you to where you belong. Five years ago life led me to meeting Karen Baker at an...
Sunset Beach and Beyond Realty
2015-03-16T20:16:32+00:00
“Life will lead you to where you belong. Five years ago life led me to meeting Karen Baker at an Open House. Our relationship continues as Karen and her husband Frank have been outstanding not only in helping my husband and I find the right retirement relocation home, but we have watched their commitment in helping many others find their homes. She and Frank treat every client as if they are the only ones that exist. They provide thorough research of areas and homes of interest and present you with the options. They are not your typical hard sell, must-buy-now realtors. They are here to help you find your next home?. You won’t go wrong with the Bakers!
https://sunsetbeachandbeyond.com/testimonials/ken-and-linda-foltz/

Steve & Jean DeVito

“The Bakers treated us like family during our whirlwind weekend of looking at houses. Prior to our on-site visit to...
Sunset Beach and Beyond Realty
2015-03-16T20:17:46+00:00
“The Bakers treated us like family during our whirlwind weekend of looking at houses. Prior to our on-site visit to Sunset Beach they created a portal and populated it with properties that met our ever-evolving criteria. By time we arrived we had a good feel for what we could afford and what was available that met our criteria. The Bakers, especially Karen, were able to make sense of what we thought we were looking for and eventually matched us with a house that we ended up purchasing — Karen called it the “This is it” house and she was right. We are loving our 2nd home and appreciate how painless Karen and Frank made the process. All the paperwork was done seamlessly and quickly and the closing went off without a hitch. The Bakers do not believe in the hard sell — they gave us the knowledge we needed and the guidance we needed to make our dream a reality.”
https://sunsetbeachandbeyond.com/testimonials/steve-jean-devito/

Matt & Amy Carver

Amy and I have bought and sold four properties in the past twelve years. Both of you are the best...
Sunset Beach and Beyond Realty
2015-03-16T20:18:22+00:00
Amy and I have bought and sold four properties in the past twelve years. Both of you are the best realtors we have ever dealt with. Amy and I both felt we could trust you to look out for our interest. The level of service you provided was outstanding, from taking the trash out, helping the buyer with inspecting the irrigation system, dealing with our tenants, always being there if we needed to ask a question, providing constant updates on the market and always keeping us informed on the sale of our house. I think your next venture should be training other realtors, because both of you have mastered the art of providing excellent service. I will be sure to recommend the Frank and Karen team to anybody looking for a trust worthy, knowledgeable and top performing realtor. It was a pleasure working with both of you.”
https://sunsetbeachandbeyond.com/testimonials/matt-amy-carver/

Ernie & Carol G.

“Karen & Frank Baker are the best. They are very knowledgeable with the area & showed us many homes. When...
Sunset Beach and Beyond Realty
2015-03-16T20:18:50+00:00
“Karen & Frank Baker are the best. They are very knowledgeable with the area & showed us many homes. When we made up our minds which one we wanted, they got us the best deal on it. We were very satisfided with them. After the purchased was made & we moved in, they were still there to answer any questions or problems that we might of had. Like I said, they are the BEST.”
https://sunsetbeachandbeyond.com/testimonials/ernie-carol-g/

Dave & Rose

“Thanks again for all the time you spent with us, As overwhelming as it was, you two made it fun”
Sunset Beach and Beyond Realty
2015-03-16T20:19:23+00:00
“Thanks again for all the time you spent with us, As overwhelming as it was, you two made it fun”
https://sunsetbeachandbeyond.com/testimonials/dave-rose/
0
Sunset Beach and Beyond Realty

Search

Recent Posts

  • Renovation Mistakes to Avoid
  • The Rock Painting Craze Sweeping the Nation
  • 4 Ways to Make Moving Less Stressful
  • The Seller’s Contingency That Keeps You Safe
  • The Best Decking Materials for Your New Home

Connect With Us

  • Facebook
  • Google+
  • LinkedIn
  • Twitter

Recent Posts

  • Renovation Mistakes to Avoid
  • The Rock Painting Craze Sweeping the Nation
  • 4 Ways to Make Moving Less Stressful
  • The Seller’s Contingency That Keeps You Safe
  • The Best Decking Materials for Your New Home

Copyright © 2021 · AgentPress Pro Theme on Genesis Framework · WordPress · Log in