It’s All About Neighborhood

Buyer’s Biggest Mistakes:

• Being the Lone Ranger
• Not Getting Pre-qualified or Pre-approved
• Stretching the Wallet Too Thin
• Buying on Impulse
• Letting your Emotions Get the Best of You
• Being Too Trustworthy
• Skipping the Fine Print
• Failing to Get It in Writing
• Sitting on the Fence
• Buyer’s Remorse
• It’s All About Neighborhood
• Resale–A Key Element in your Future Plans

Consider buying a home that is appropriate within the context of other homes in the neighborhood. If you are in an area with one-of-a-kind designer homes, individuality is the norm. But if you’re the one home that is heavily remodeled and expanded in a neighborhood of modest tract homes, you are unlikely to get the full value out of your home when it comes time to sell. There is an old adage in real estate that suggests the best purchase is the modest or small home in a more expensive neighborhood. The homes around you will pull up the value of your home rather than pulling it down.