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Ways first-time buyers get burned PDF Print E-mail
Other - Helpful Hints
  • Paying the market value for the neighborhood, not the house.
  • Buying the most expensive home on the block, only to see the rest of the neighborhood lower the property values.
  • Buying a new home based on the model home, but getting a house without all those extras.
  • Buying a home while prices are dropping, and they continue to drop and drop.
  • Buying into a quiet little area that soon becomes overdeveloped.
  • Buying a fixer-upper than is more money pit than makeover.
  • Buying without an agent, unless you have an agent's knowledge and negotiating skills.
  • Buying a nice house in a bad neighborhood. You can fix up a house on your own, but not a neighborhood.

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