1.Going at it alone: It is very tempting for buyers to go out and pick up real estate magazines around Lakeland, TN looking for their new property. It seems like it would be very simple to purchase your own home without the use of a Lakeland, TN Real Estate Agent. However, this is one of the most dangerous mistakes that buyers make because the real estate process in Tennessee is a complicated one. There are many regulations and laws that are vitally important during the process. Using an experienced, qualified agent is important to protect the buyer.
2.Not getting Pre-Qualified: In all of the excitement of looking for their new property, many buyers start looking before they get pre-qualified with a mortgage lender. This is not a good thing to do because of several reasons. First of all, the seller is going to want to see some kind of documentation from a lender that the buyer can qualify. Secondly, buyers often find themselves very disheartened when they start looking at properties that turn out to be above their price range. It’s very hard to go down in price range once you’ve looked at houses that are above what you can afford or comfortably afford in monthly payments.
3.Not pinpointing specific search criteria: It’s very important to pinpoint exactly what you want in a property before you start looking. This will help you avoid settling for a property that doesn’t really meet your needs. It will also help the real estate agent that is assisting you to narrow in on the perfect home for you.
For more free information on buying a new home in Lakeland TN , visit my website at www.CGriffithRealEstate.com. You can find free tips and tricks about buying homes in Lakeland TN as well as information on properties that have recently sold. You can also call me directly at 901-461-5590.