Five Mistakes You Shouldn’t Make As a First Time Homebuyer

Buying a first home can be a daunting experience. Here are five common and costly mistakes that novice home buyers make:

1. Ignoring the costs of having a low credit score. Lower-score borrowers pay thousands of dollars in increased Interest Rates over the life of the loan.
2. Muddying the waters by shopping for other things before closing. Lenders continue to check credit scores right up until the time of closing. Too much shopping could cause the lender to take back the loan.
3. Scrimping on an inspection. Being surprised by the need for expensive repairs can be financially devastating.
4. Buying without contingencies. Buyers should give themselves an out if the inspection turns up problems or the bank raises the interest rates.
5. No money for insurance. Insurance can be surprisingly pricey. Buyers who don’t budget for it can face a nasty surprise.

Source: CNNMoney.com, Les Christie (04/19/2010)

 

Mitra Karimi

Why work with Crestico – Size Matters.

Size DOES Matter! You’ve said it, you’ve heard, you know it’s true! Size matters! Especially when it comes to your Realtor!

If you’ve been watching the news, you know that it’s a Buyer’s Market and it’s a GREAT time to buy a home! But when you’re looking for an agent to give you the personalized attention you deserve, remember, SIZE MATTERS! Do you want to be just another file number or do you want your agent to become your partner!

Choosing and buying a home is one of, if not the most important decision you will make in your life. Don’t get lost in the crowd with agents that are more concerned with getting listings and closing deals than they are concerned about meeting your needs and EXCEEDING your expectations!

At Crestico Realty, we have a specialized Buyer’s Team that focuses ONLY on the needs of Buyers. The Agents on this team do not spend their time getting listings, they spend their time SEARCHING listings for YOU! They each want to help you get into the home of your dreams in the most hassle-free manner you can imagine! We work to make sure you don’t have to!

For more information please visit www.crestico.com or call (818) 784-2929