Fernald Business Association

Buying a new home in Seattle, or anywhere, can be a stressful process. There are a few common mistakes that home buyers typically make that can easily be avoided. Don’t let a real estate agent pressure you into buying a home that you are not comfortable with. Real estate agents make money from selling homes at the highest possible price. Don’t feel pressured into buying a home that you feel is too expensive. Yes, now is a good time to buy, Seattle interest rates are low. There are plenty of home on the market however.

Buy only what you can afford and be realistic about what you can afford. Remember, once you own a home, all of the maintenance costs fall on your shoulders. Getting a Seattle home mortgage that doesn’t leave you any extra money each month can be a disaster. Something can, and probably will break and you need to have money left each month to cover home repairs.

Don’t buy a house on impulse just to lock in low Seattle mortgage rates. You should thoroughly investigate the neighborhood first. Bad neighbors can make even the most perfect home a nightmare. Just because you got approved for a Seattle home mortgage does not mean you have to buy the first home you see. Take your time, the perfect house will come on the market if you wait.

This article written by Phillip Thow

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