Thursday, August 23, 2012

Avoid These Common Mistakes During The Purchase of Your Brantford/Brant County Home!

Unless you have bought and sold a number of homes, you are incredibly prone to mistakes during your Brantford/Brant County Real Estate transaction. It’s easy to see why. Housing laws are always changing, and it’s nearly impossible to stay on top of changes in policy. There are also a number of steps that make up a real estate transaction, and if you don’t take part in them on a regular basis then it’s easy to make a costly mistake during yours.

Throughout my many years as a Brantford/Brant County Real Estate agent, I have worked with a number of home buyers, so as you can imagine, I have seen a number of mistakes made. These are some of the most common ones that can cause your home purchase to fall through:

Don’t try and go it alone. I know that it’s tempting to not involve a third party in your Brantford/Brant County home search, but it really does make your life easier. Using a buyer’s agent will ensure that you have a professional on your side to guide you throughout the process, and they will guarantee that no mistakes are made. You’ll also have someone looking out for your best interest. There’s no doubt that you’ll feel more comfortable about your decisions if an experienced professional validates them. The best part is that in most cases, the seller actually pays the buyer’s agent themselves, so you don’t have to pay for the help.

Don’t be brash, but don’t dawdle either. It’s imperative to move as quickly as possible during the negotiation process while still making the right choices. Moving too slowly gives other buyers time to make an offer, and you could get passed over on the home of your dreams. You also want to make sure that you’re thinking through your choices before acting to protect your own interests. The way to avoid moving too slowly or quickly is to have a plan in place. Have an idea of how much you’re willing to spend and stick to it, and have comparable data to back up any offers that you put on the table.

Don’t fall for love at first sight. The excitement that surrounds a home search is hard to ignore, therefore it’s understandable that people often let their emotions take over when they initially start the process of looking. So many people walk in to the first home they see and immediately say, “we’ll take it!” I strongly advise against this. Even if you’re 99% sure that this property is “the one,” you want to make sure that you’re still looking at what else is out there. Committing too early could cause you to end up with a property that requires a lot of investment or extra legwork. You could also end up missing out on a home that’s even better for your needs. You may very well end up in that first home, but it’s important to see what else is out there first to ensure that you make the best decision.

Avoid these common errors, and you will likely avoid costly mistakes that could slow down your Brantford/Brant County Real Estate transaction. If you ever have any questions about buying or selling a home in the Brantford/Brant County Real Estate market, don’t hesitate to contact me! I’d be happy to offer my expertise. I hope to hear from you soon!


Wally Dufrat | Sales Representative
RE/MAX Twin City Realty, Inc. Brokerage
Over 525 Closings!
515 Park Road North | Brantford, ON N3R 7K8
Direct:  (519) 752-5400 & (877) 759-5900 | Cell: (519) 761-7400 | Fax: 519-752-3400

Before You Buy or Sell Your Next Home, Visit My Website at:
www.FreeBrantfordHomeInfo.com for FREE Information!
 

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