1. Going to buy new construction without a buyer's agent. The builders's agent represents the builder. Remember to go with your agent when you go for the first time. Once you are registered you can go by yourself . Different builders have different rules so check them out. The agent can also negotiate terms for you. See the consumer notice at www.parealtor.org/upload/assetmgmt/standard%20forms/PDFs/cn.pdf
2. Selecting too many options and then finding out your purchase price is much more than you had planned on spending on a house. Make sure you talk to a loan officer to see what you qualify for before you put down a deposit.
3.Not picking some options that might be really important to you and it might cost you too much money and inconvenience if you want to put it in later. If you can afford it, you might want to pick some options that will help sell your house faster if you do have to sell in a couple of years. Your agent can guide you about things that add value .
4.Changing your mind about floor plans and structural changes, once you have selected them. Most builders charge you when you make such changes, even though they may have not started construction.
5. Checking the reputation of the builder. There have been instances where the buyers have gone to a builder who did not complete construction or took more that 2 years to build.
Please read Five Biggest Mistakes Buyers make when looking for a house http://activerain.com/blogsview/163600/five-biggest-mistake-buyers
and the Advantages of hiring a Buyers agent http://activerain.com/blogsview/100328.the-advantages-of-hiring
When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.
Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com
She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email firstname.lastname@example.org
If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491
Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others in my post and comments is not to be construed to be legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.