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9 Buyer Traps and How to Avoid Them

Thursday, September 17, 2020   /   by Tom Pileggi

9 Buyer Traps and How to Avoid Them

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Buying a home is a major investment no matter which way you look at it. But for many homebuyers, it's an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap them into either paying too much for the home they want, or losing their dream home to another buyer or, worse, buying the wrong home for their needs.

 

A systemized approach to the homebuying process can help you steer clear of these common traps, allowing you to not only cut costs, but also buy the home that's best for you. An industry report has just been released entitled "Nine Buyer Traps and How to Avoid Them". This important report discusses the 9 most common and costly of these homebuyer traps, how to identify them, and what you can do to avoid them.

 

Buyer Beware 

No matter which way you look at it buying a home is a major investment But for many homebuyers, it can be an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap them into either: 

• paying too much for the home they want, or 

• losing their dream home to another buyer or, 

• (worse) buying the wrong home for their needs. 

A systemized approach to the homebuying process can help you steer clear of these common traps, allowing you to not only cut costs, but also secure the home that’s best for you. 

This important report discusses the 9 most common and costly of these homebuyer traps, how to identify them, and what you can do to avoid them. 

Find out if your agent offers a Buyer Profile System or “House-hunting Service,” which takes the guesswork out of finding just the right home that matches your needs. This type of program will crossmatch your criteria with ALL available homes on the market and supply you with printed information on an on-going basis. A program like this can help you to affordably, move into the home of your dreams.

9 Buyer Traps - Here are 2 out of the 9 that you should know about right now.

1.Bidding Blind  

What price should you offer when you bid on a home? Is the seller’s asking price too high, or does it represent a great deal. If you fail to research the market in order to understand what comparable homes are selling for, making your offer would be like bidding blind. Without this knowledge of market value, you could easily bid too much, or fail to make a competitive offer at all on an excellent value. 

2. Buying the Wrong Home 

What are you looking for in a home? A simple enough question, but the answer can be quite complex. More than one buyer has been swept up in the emotion and excitement of the buying process only to find themselves the owner of a home that is either too big or too small. Maybe they’re stuck with a longer than desired commute to work, or a dozen more fix-ups than they really want to deal with now that the excitement has died down. Take the time upfront to clearly define your wants and needs. Put it in writing and then use it as a yard stick with which to measure every home you look at.

 

So here are 2 out of the 9 in an effort to draw attention to this very important topic.  If you would like to see all 9, I have put together a free report entitled 
”9 Buyer Traps and How to Avoid Them"
which explains the issues in greater detail. 

To order a FREE Special Report, visit https://www.pileggirealestateteam.com or to hear a brief recorded message about how to order your FREE copy of this report call toll-free 1-844-707-8053 and enter 1007. You can call any time, 24 hours a day, 7 days a week. You can also text me at 416-917-6566

 

Receive your free special report NOW to find out what you need to know to make your move-up to a larger home worry-free and without complication.

 

Thank you for reading this week’s blog and Go Serve Big!!!

Tom Pileggi, Broker
Pileggi Real Estate Team


Your Home Sold Guaranteed or We’ll Buy It* - If you or anyone you know are considering making a move, feel free to give me a call or pass on my number!
416-917-6566.

Pileggi Real Estate Team - eXp Realty
Tom Pileggi, Broker
P.O. Box 1665
Holland Landing, ON L9N 1P2
416-917-6566

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2021 Last Updated January 19, 2021
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