3 House Hunting Hazards To Avoid

Dated: 05/16/2014

Views: 2132

A few years ago my wife and I wanted to move backto our hometown. We were in-between the process ofselling and buying so we decided to move into my parent’sbasement. We figured it would give us plenty of time to find the perfect home.We had done our homework before even deciding to move to the area and knew whatwe were getting ourselves into.  We were looking for the home that ourboys would grow  up in and that we would fill with years upon yearsof memories. Well, after 3 months of living in my parent’s basement,with a 4 year old and two dogs, we were ready to spread our wings and flybut ended up falling into some of the biggest pitfalls we should have beensmart enough to avoid. So, I am here to share with you some house hunting hazardsto avoid.

1. Buying a Fixer-Upper- Now, some people can do it andinvestors can fix and flip. But, I’m talking to you, the average home buyer.There will always be things to fix. There will always be things you want tochange to make the house your own, but I warn you before you think about buyingthe house with good bones, be realistic. Make sure that you take amoment and figure out all that needs to be done and all that you wantdone and how much you really have to spend. I recommend calling a localcontractor (your agent should be able to provide you with somecontacts) and see if they can come out, make an assessment and give you abreakdown.  My wife and I did not avoid this fatal flaw and we soonrealized we had bitten off more than we could chew.
2. Buying Under Desperation- Now, I will be the first to tell you,after living with my parents for a few months and with cold weather quicklyapproaching, it was getting easier to make almost any house we looked at, work.Don’t ever make a house just work. This house is going to be your home.It is where memories will be made and will be your place ofcomfort; can you see yourself and your family here? Can you see your family atthe kitchen table for dinner or your Christmas tree lighting a room? Also, youhave to remember that buying a home is one of the biggest investmentsyou will make. Make sure this investment is one that is attainable anddoesn’t stress you out each month when it comes time to pay the mortgage bill. I promise, it really does all work out and the perfect home isout there. There have been times where the first home I show a client is theone and there are times where it takes a month.  It all boils down topatience, knowing what you want and knowing what is within your reach. Don'tever just settle and know that your realtor is there to help you every step ofthe way!
3. Choosing the Wrong Lender- This is huge. As an agent, I have mypreferred lenders, I know their quality of work is exceptional, they get greatrates and they treat every client like a VIP. I also know that with having thatcommunicative and tight knit relationship between the lender and agent, thelending and buying process is smooth sailing. Now, don’t get me wrong, it'spossible to use a great lender that a friend recommends or that your bankrecommends, but take it from me, I have first-hand experience of how tumultuousit can be for a home buyer, when stuck with a bad lender. Ask your agent fortheir recommendations and do your homework. Don’t be afraid to ask questionsand interview a few, until you find one that is the right fit for you!
So, dive on in and have some fun doing your house hunting, it's one of the bestparts of home buying! Don't forget, your realtor is always there to guide youevery step of the way! If you have any questions about the buying or sellingprocess or just about real estate in general, please don't hesitate to give mea call!
Shane Kuntz
Associate Broker
Exit Realty Cherry Creek
303-902-6530
shane@exitrealtycherrycreek.com
With over 38 years of family experience in real estate, I am familiar withevery Colorado neighborhood you can imagine, From Arvada, Aurora, Bailey, Brighton, Bennett, Berthoud, BlackhawkBoulder, Broomfield, Centennial, Cherry Creek, Commerce City , Central City,  Conifer, Dacono, Denver, Evergreen, Firestone, Ft. Collins, Ft. Morgan, Golden, Greeley, Greenwood Village,  Johnstown, Lakewood, Lochbuie, Longmont, Loveland, Milliken, Northglenn, Parker, Strasburg, Thornton, Windsor, Stapleton, Green Valley Ranch, Reunion, Todd Creek Farms, West Woods, Cherry Hills, The Highlands, LoHi,Adams County, Arapahoe County, Boulder County, Broomfield County, Denver County, Douglas County, Gilpin County, Jefferson County, Larimer County, Weld County and everywherein between!
#shanekuntz #exitrealtycherrycreek #homebuying #househuntingtips #househunting #realestate #buying

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Sheryll White

As a Full Time real estate agent for the past 23 years, Sheryll has helped hundreds of home owners in Colorado buy and sell their homes. Sheryll's easy going, no pressure style and her in depth knowl....

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