The process of buying houses is so complicated that most of the people who were ready to go were later regretted for making a series of mistakes when they quickly decided to buy a house.
In a report published on the Reader's Digest site, author Nick Gerhart reviews a list of the most serious mistakes that some people may not notice until they buy the house they have long wanted.
| Asking questions helps you find your ideal home (Getty Images) |
What could happen in the future
When there is a particular house you think about and want to buy, think about what might happen in the future.
Asking a few questions can help you find your ideal home. In addition, you have to think about the value of your future home if you decide one day to sell it, no one knows what the future holds, where you can sell it earlier than you would imagine.
Prior approval
If you are seriously considering buying a home, first make sure you have the prior approval of the bank before proceeding with the search. Once you get them, you will be fully aware of how much you can pay to buy a home.
| Making a final tour before home acquisition is necessary to ensure his safety (Getty Images) |
Do not take a final tour
At first glance, it may not seem like a last round in the house before you buy it, but you really need to make sure the house is safe and still in good condition, such as making sure there are no graffiti or equipment stolen from it.
The mobility period is too long
If your move takes a lot of your time, look for a home that is closer to your place of work. In fact, it may not cost you to have a less-than-hours-long house on the move during your working days.
| It's important to make an expert check the pipes above the roof (Getty Images) |
Home roof leaks
It is important to make an expert check the pipes above the ceiling, underground or sewage tanks or wells, which may cost you a lot to repair or replace.
Wire Mesh
Homes built in the mid-1960s or 1970s may be fitted with aluminum wire. You must determine whether they are properly installed for fear of fire. Wire replacement can cost you thousands of dollars.
Not saving enough
A study by Nerd Walt showed that the biggest remorse for 2,200 people who bought homes or applied for a loan was not saving enough money before buying a home. While 10% felt that they lacked financial stability after they acquired their homes.
| 10% feel they lack financial stability after they buy their homes (Getty Images) |
Lack of adequate research
Half of the participants said they would do more research if they could.
41% of those applying for a loan felt that they were not aware of the options available to them. The same percentage indicated that many of those who had purchased the houses were not aware of all the costs.
Do not choose the right size
20% of those who owned homes and those of the Millennial generation and 20% of those belonging to the older generation felt remorse for not having acquired a larger house.