Costly Mistakes

Costly Mistakes


Buying a home is the single largest investment in many portfolios.  By educating yourself you will be able to avoid some of the most common mistakes.

#1    Buying the wrong house

For some people paying fair market price would be purchasing the wrong house.  For these buyers building immediate equity is an essential part of their short-term and/or long-term goals.  These buyers are often willing to purchase fixer-uppers.


However, most buyers do not benefit from purchasing fixer-uppers.  Unless you are well-versed in all area of home repair/improvement, a fixer-upper (and many foreclosures)  can be a money pit and home life can be less than pleasant.


Sharon will help you identify and clarify both your short-term and your long-term real estate goals and help you locate a property that fits your individual needs and desires.  Sharon will negotiate on your behalf the best price/terms/conditions on your chosen property.


#2    Paying the wrong price


How do you know what is a fair price and acceptable terms for a particular piece of property?  Some buyers fall in love with a particular house and overpay; some buyers lose their dream home because they offer too little and someone else is the successful bidder. 


Don't try to go it alone.  Sharon is a tough, educated, fair negotiator.  Sharon is skilled negotiating in this market with all types of people and situations.


#3    Surprises

There are several areas surprises can occur: survey, appraisals, title searches, closing costs, seller not complying with special stipulations, and many, many more.  Do you know which Home Buyer Warranty's cover roofs, or air conditioner replacements?  Do you know the warning signs for a failing septic system?  Do you know the pitfalls of polybultene plumbing, Louisiana Pacific siding, and flood plains?  Do you know how to track the time line of your loan from origination to processor to underwriter to the closing department to the attorney and back for a funding number? 


Sharon goes through the home buying/selling process with someone each month and knows what to look out for.  Sharon knows what questions to ask, when to ask them, and what answers to expect.  However, she is not an expert in any of these areas and you should consider consulting a professional any time you have a specific concern.


#4   Working with the wrong agent.

Real Estate transactions are among the most important financial transactions in your lifetime.   Take your time when selecting a real estate agent.  Interview, ask questions. 

If you want to make your selling experience the best it can be, it is crucial that you select the best agent for you. 

Sharon is always willing to give you a no-obligation second (or third, etc.) opinion.    Sharon thinks outside the box and may have an innovative idea for you.