Phone: 239.540.7007

Common Home Buying Mistakes to Avoid

We can't overstate the complexity of buying a new property and it's relatively easy to overlook certain key details that can lead to an error. For this reason at Schutt Law Firm in Fort Myers we  created the following post containing some of the home buying mistakes you should avoid.

Not Getting Pre-Approved

Finding out whether you are credit worthy is the first step for a successful transaction. This way you will be able to establish your monthly mortgage and know what kind of property you can afford. Remember that the lender will look at your credit history and proof of income to assess your financial situation.

Falling in Love with a Property

There's nothing wrong with looking for a home that fulfills your expectations. However, you should look at several properties before taking your decision, otherwise you may fall in love with the first home you visit and rush into the process.

Moving Soon

If you are forced to move frequently due to your job or other responsibilities, you should reconsider buying a property. Keep in mind that selling or renting your property when you move can be very difficult and you will end up losing money. Remember that you should plan this transaction carefully to avoid any of these mistakes, so take enough time to assess your personal and financial situation before stepping into the real estate market. Another common mistake is skipping the final walk-through, as this step is very easy to overlook yet it's crucial during the transaction, so be sure to read our guide on this topic.

Title Insurance in Fort Myers

Don't forget that having professional assistance is crucial to avoid mistakes during this process. If you are looking for title insurance in Fort Myers, think about Schutt Law Firm, where you will find the expertise your case deserves. Call 239-540-7007 to learn more about our services.