E-RAE REALTY
  • HOME
  • BUY
  • SELL
  • INVEST
  • EXPLORE
  • BLOG
  • ABOUT
  • CONTACT
  • HOME
  • BUY
  • SELL
  • INVEST
  • EXPLORE
  • BLOG
  • ABOUT
  • CONTACT

3 Common Mistakes Austin Home Buyers Make

9/21/2020

0 Comments

 
Picture
Purchasing a home is a big deal!  It’s a huge move (literally and figuratively) for you and your family that will have significant consequences.  If you don’t prepare and use caution in your home buying journey, you could end up in quite a pickle.  That being said, if you recognize the following common mistakes, you will be primed for success when buying your Austin home.

Not Being Financially PrepareD

There’s no point in looking for homes until you know what you can afford.  One of the biggest mistakes a home buyer can make is looking at homes before you have spoken with a lender.  After all, how do you even know if you can afford to buy a home or what your budget for a home is.  Unless you are paying cash, your first step in the home buying journey should always be to speak with a mortgage professional.  Another common pitfall many prospective home buyers make is to only speak with one home lender.  Do yourself a favor and don’t fall victim to this common mishap.  When you speak with a number of different lenders, you increase your odds of finding the best rate and the best personality fit.  If you need recommendations for Austin lenders, I’m happy to provide recommendations.  Just make sure to compare lenders within a two week time period so that your credit only received one hard inquiry.

Wanting it AlL

Before you begin your Austin home search, think carefully about what you must have and what you want it a new home.  Make sure to bring in anyone else who will have a say in the home purchase, and compare your lists.  Once you are on the same page, it’s important to take a good long look at your list and really narrow down those must-have features.  A common mistake I see among Austin home buyers is that they are looking for the perfect house.  The perfect house may not exist!  Although buying a home is often an emotional decision, it’s also a financial one and you may need to be flexible in your criteria.

Caring More About Features Than LocatioN

Although most Austin area home buyers I work with often have an idea of the location they would like to live in, they sometimes fail to recognize the importance of location over property attributes.  Time and time again, I find myself re-iterating that you can change the carpet, you can paint the walls, you can add a double oven BUT you can’t change the home’s location or lot size.  Think carefully about the neighborhood, the school district and the attributes of the lot itself. 


Have questions about buying a home in the Austin Area?  Contact me today.
0 Comments



Leave a Reply.

    BLOG

    Sharing Austin real estate updates, home owner tips, & more.

    Archives

    February 2023
    November 2022
    September 2022
    June 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    September 2021
    August 2021
    July 2021
    June 2021
    March 2021
    January 2021
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017

    Categories

    All
    ADUs
    Attractions & Events
    Buying A Home
    Condos
    Design
    Development
    Home Maintenance
    Investments
    Lake Austin
    Market Updates
    Neighborhoods
    Selling
    Short Term Rentals
    Westlake

All information provided is deemed reliable, but is not guaranteed and should be independently verified. 
​Please Note:  Texas law requires licensed agents to provide this Information About Brokerage Services

​
Licensed agents are also required to provide:  Texas Real Estate Commission Consumer Protection Notice