Hey Pandas, What Is The One Advice You Would Give To Your Past Self When You Were Buying Your First Home?
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They say hindsight is 20/20. Warning signs can seem glaringly obvious when we’re looking back but they appeared to be totally invisible when we were standing in front of them.
So if you could go back for a moment and talk to yourself when you were deciding to buy that first house/flat, not knowing what you know now, what would you say?
They say hindsight is 20/20. Warning signs can seem glaringly obvious when we’re looking back but they appeared to be totally invisible when we were standing in front of them.
So if you could go back for a moment and talk to yourself when you were deciding to buy that first house/flat, not knowing what you know now, what would you say?
447views
Share on FacebookHire industry specific inspectors! Get a plumber to do a whole house inspection, electrician, hvac, foundation, roof, etc. Many companies offer credit in the amount of the inspection fee if you make any of the repairs. Our 'professional' inspector missed a LOT.
Take. Your. Time. The market always looks like it is against you when it's yours, but it's all statistics. Get a good realtor that will help YOU make YOUR decisions, not someone who wants to make a sale. Try to go with a bank, or a lender that backs their own money. Brokerages will try to get you in and out and will sell your loan to someone else based on the interest rate you pay -- that's how they make their money.
Don't buy a house just because someone (even someone you trust) says it's a good idea. What do YOU need in a house? How much resources are YOU willing to devote to it's upkeep? Home ownership is a big responsibility, so ask yourself if YOU are up to the challenge or even want to be.
Hire industry specific inspectors! Get a plumber to do a whole house inspection, electrician, hvac, foundation, roof, etc. Many companies offer credit in the amount of the inspection fee if you make any of the repairs. Our 'professional' inspector missed a LOT.
Take. Your. Time. The market always looks like it is against you when it's yours, but it's all statistics. Get a good realtor that will help YOU make YOUR decisions, not someone who wants to make a sale. Try to go with a bank, or a lender that backs their own money. Brokerages will try to get you in and out and will sell your loan to someone else based on the interest rate you pay -- that's how they make their money.
Don't buy a house just because someone (even someone you trust) says it's a good idea. What do YOU need in a house? How much resources are YOU willing to devote to it's upkeep? Home ownership is a big responsibility, so ask yourself if YOU are up to the challenge or even want to be.
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