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Things Your Realtor Won't Discuss Part 1




Written By: Felecia Causey 



When it comes to becoming a first-time homebuyer, it's common to experience a wide range of emotions, both positive and negative. Before you sign those papers, make sure to prepare yourself by gathering all the necessary information so that your decisions are well thought out. It's important to be prepared for the journey that comes after the purchase.

 

I absolutely love my neighborhood, but I can't help but wish that as a young couple we had more knowledge about the HOA (Homeowner Association) from people with personal experience. I often find myself wondering why some things are the way they are and if it's necessary. The fees we pay feel like you are being robbed without a gun because we don't utilize any of the community amenities. It makes me question the purpose of the fees. When considering moving into an HOA community, due diligence is crucial. Gain insight from those who have already lived in the neighborhood.

Please do not pay any attention to the glossy brochures or persuasive words of property agents. Please trust me; don't be fooled by the Photoshop photos or the sales pitch.

When searching for a new home, it's easy to get caught up in the excitement and overlook potential unexpected expenses. It's crucial to be aware of these costs before making a purchase, as they can quickly add up and become a burden on your household budget. 

My husband and I learned this lesson firsthand when we had to suddenly replace our AC unit during the hot summer months at a hefty price tag. We also had to replace our hot water heater, which broke down unexpectedly. We discovered that the cost of labor was higher than we anticipated and more than the tank itself. My husband, who is a skilled handyman, took care of it.

Before starting your home buying journey, make sure you have a clear understanding of your financial situation and are ready for any unforeseen costs that may come up. 

When you buy a home, you're also acquiring the neighbors that come with it. It's important to be aware of the community and surroundings before making such an investment. Rental properties nearby can lead to high turnover rates and a diverse living situation. A nuisance or hateful neighbor can significantly impact your living experience. To avoid any unwanted surprises down the line, research is crucial when considering purchasing a property near rental homes.

Your home is your peaceful sanctuary, a place where you can relax and unwind after a long day. With the rise of neighborly horror stories on social media, you don't want to be featured in one of those videos. Make sure your neighborhood story doesn't become another cautionary tale.

When buying real estate, a realtor acts as your dedicated salesperson. Their primary objective is to present you with persuasive arguments to convince you to complete a transaction, which in turn allows them to earn a commission. It's essential to remember that the final decision to purchase or sell a property lies solely with you, and it's crucial to conduct thorough research before making any choices.


 

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