3 Things homeowners wish they had done differently before buying a home
Deciding to purchase your first home is a huge step, as it’s often a long term financial commitment. Studies have found, as much as 70 percent of homeowners have at least 1 regret regarding their property.
Understanding common homebuyer regrets can help guide you during the homebuying process towards a home you can be truly happy with for years to come.
Forgetting to research the neighborhood
It’s easy to become so focused on a home itself that you neglect to account for its surroundings. The neighborhood your home is located in can have a large effect on your daily life, so consider accounting for aspects of the neighborhood you and your household can enjoy.
If you have young kids, you may want to be located near parks and good school districts. Is the location of the home near grocery stores, your job, medical facilities? Acknowledging your lifestyle can help you pick a home in a neighborhood you’ll love.
Getting pressured into making a decision
Sometimes, a seller may portray their home as being highly sought after to encourage higher and more frequent offers. Similarly, you may find your household has time constraints and want to make a quick home purchase.
With all the pressure, it may be easy to settle for a home to meet a deadline or feeling like a property of interest will be unreachable if you don’t act fast. However, taking your time can help you and your real estate agent examine all details to figure out if this is a good long-term investment.
Forgetting you might someday have to sell the home
Sometimes, properties can be difficult to sell due to factors such as their location and surroundings. For instance, a remote home or one that is located too close to loud areas may not matter to you, but they may deter potential homebuyers.
This lesson also holds true for what you do with your home once it’s purchased. Making flashy renovations or design choices may not appeal to the average homebuyer and can make your home more difficult to sell.
Using the aforementioned tips, you and your real estate agent can do the research and take the time to figure out if the home you’re interested in is the most fitting choice.
About the Author
Hannah Sosinski
I started my career in the real estate industry at the age of sixteen and instantly fell in love.
I worked alongside one of the top producing agents in the country as their administrative assistant for nearly nine years before I took the leap to begin my own journey in the real estate industry.
Working alongside an agent who sells over three hundred houses a year educated me strongly on the Pittsburgh and greater Pittsburgh housing market. While working alongside this agent, I was lucky enough to be involved in several different types of real estate transactions and learned to properly determine home values, many aspects of negotiations and have learned how to close challenging deals while also handling a large amount of deals at the same time.
I have also spent the past seven years working as a property manager throughout Allegheny, Washington and Fayette County. I have managed everything from Section 8 to Luxury units.
Exploring the options of the real estate industry can be overwhelming. While working with me you’re able to sit back and relax as I have worked with many investors, home sellers and buyers and can help guide through the sale or purchase of your home and make it as easy on you as possible.
Whether you’re a first time home owner, downsizing, sizing up, looking to make your first/second or third investment, selling your home, etc. I can use my years of education to help guide you through the purchase or sale of the largest investment of your life.
I look forward to chatting about real estate with you!