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Real Estate Investment: 3 Things That Shoo Away Dream House Ownership

Purchasing a residential property is a long process, involving several hours with your trusted realtor daily. While you are making sure that the purchase goes well, you unconsciously make actions that are more likely to sabotage your chance of acquiring the perfect house.

In order to avoid losing the opportunity of owning your dream house, here are the most common mistakes that buyers often make.

Aesthetics is Your Major Concern

Your trusted agent is excited to parade houses that you may like. However, most of them will agree that most buyers fail to see the real beauty of a property. Numerous home purchasers' main desire is to have a house that looks pleasant at first glance. When it looks outdated and dirty and like it needs a few minor repairs, most of them run away. While it is true that taking over the renovation projects need some shedding out of cash, most people do not know that the cost of transforming a home into one that looks new and clean is one of the easiest negotiations to make.

Criticism is an Easy Thing to Say

As a buyer, you must have checked out hundreds of places and the whole experience has probably made you comfortable with the agent. With the many hours spent together, getting loose-lipped has become easier than ever. Criticisms, most of the time, actually progress to disasters, Realtor reported. Negotiations are put to a halt especially when the seller overhears the buyer making critical comments like "the bathroom carpet has stains."

It's All About Money

Yes, it's true that being able to afford a property is a vital part of the deal, but this is not the only concern. Most agents know that a great offer is a combination of many elements like reasonable contingencies, the right price, and timing, Property Update reported. When the final decision has come as to how much to settle with, be also prepared to cave on the contingencies. Otherwise, you will frustrate the seller and your agent.


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