Buying Tips - Peter Fitzgerald Real Estate

Peter Fitzgerald Real Estate Ph: 4226 3733

Buying Tips

The 13 Worst Mistakes made by Home Buyers

Buying a home can be one of the most exciting and rewarding times of your life. Or it can be a roller-coaster ride of financial and emotional devastation. It depends on what you do. And what you do, depends on what you know. Most homebuyers do not have enough accurate knowledge. Worse, many are ill-informed.

This page lists 13 of the worst mistakes made by homebuyers. It suggests, briefly, how to avoid these mistakes so that buying a home will indeed be an exciting and rewarding experience.

Mistake #1: Exceeding your Future Financial Limits

Financial stress is horrific. It tears families apart. The most important financial question to ask yourself, before you buy a home, is: "What’s the worst that can happen?" What if interest rates rise? What happens if you buy based on two incomes and you lose one income? Think of the future.
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Mistake #2: Buying What You Want Instead of What You Need

There are TWO kinds of buyers: Those who buy what they want, and those who buy what they need. The public world of materialism is often a private world of financial stress.
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Mistake #3: Ignoring the Extra Costs and the Hidden Costs

The extra costs of buying a home can add as much as ten percent to your purchase price. In some States, the government stamp duty climbs as high as six percent of the price.
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Mistake #4: Failing to Research the Area

There are few things worse than discovering, after you have bought, that you could have bought better. If you intend to live in your home for many years, take some time to check out the area before you buy.
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Thank you for securing the sale of our property and making it a relatively pain-free experience. We chose Peter FitzGerald Real estate to sell our property because you had none of the traits of the 'stereotypical' Agency. You proved us right. We found you were honest with us throughout the entire process and acted always with the utmost integrity.

Louise Leaver & Aidan Burke - Figtree

We would like to thank Lisa and her staff for their professionalism and friendly approach during the sale of our home. This genuine friendly approach puts everyone at ease and we feel sure this went a long way towards achieving the quick sale. Lisa was a pleasure to deal with at all times and was always in contact, keeping us informed of developments. We would have no hesitation in recommending Peter FitzGerald Real Estate to anyone looking to sell their home.

Ian & Wendy McDougall- Wollongong

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Ph: 02 4226 3733
96 Smith Street, Wollongong NSW 2500
PO Box 642, Wollongong East NSW 2520
sales@pfrealestate.com.au

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Ph: 02 4226 3733
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