So, you’ve finally decided to buy a West Knoxville or Farragut home. Here are 4 mistakes that every West Knoxville or Farragut home buyer should avoid.
West Knoxville Home Buyer’s Mistake #1: Trying to time the market. It can be hard to time when home prices will hit their lowest point. Right now, there are many great deals on the West Knoxville real estate market. If you’re someone who has been thinking about buying for awhile, it is definitely worth looking. After all, housing affordability is at record highs along with record low mortgage rates. If you continue to try to time the market, you could end up waiting too long and miss a great deal.
West Knoxville Home Buyer’s Mistake #2: Waiting to discuss financing options. If you’re considering buying a home in the near future, talking to a loan officer is an essential part of the process. A loan officer can let you know how much house you can afford and an estimate of what your monthly payment will be. A loan officer will also be able to help if there are any credit issues that need to be taken care of.
West Knoxville Home Buyer’s Mistake #3: Getting emotionally attached to the house. It can be hard to not get emotionally attached to a home. Still, it is important to make a sound decision when choosing a home. While a home may have everything you are looking for, it is comes with an insane amount of repairs it may not be worth the investment.
West Knoxville Home Buyer’s Mistake #4: Forgoing inspections. An inspection can reveal a lot about a house. Buying a home is a huge investment, it is best to know what you are getting invested in. Also, be sure to get estimates for any inspection issues. It’s best to be an informed consumer.
Are you thinking about buying a home in Farragut or West Knoxville? If so, please do not hesitate to contact me at 865-696-9002 or by email at [email protected]. Also, be sure to check out my Home Search Page to see what homes are currently for sale in West Knoxville and Farragut.