Home Buying Disasters to Avoid

Whether you are buying a house for the first time or you have a great experience, there are some points which you really need to keep in mind and that is related to your house which you are going to buy. I must say that these points should really keep in mind. We will talk about later. However at present you will have to make sure that you are not caught by some disasters and keep on doing the deal in the right way. I must say that you will definitely find out that you are facing some problem if you will not keep it in mind.

I would now like to list some points which you will definitely find out to be very disastrous. They are as follows:

1.The first point which I would like to discuss is that you will definitely be in trouble if you do not get yourself pre approved for some loan. I would give you some examples. Just think that you have found your dream home. Is their any uncertainty in what will be your next step? I really don't think so. You will definitely want to buy the property. Just think of the situation that you have talked to the seller as well and your real estate agent has made all the arrangement for the deal and you then find that the bank has not approved your loan. How will you feel then? You will really be pathetic but can you really guess what you have done wrong. Yes you have really committed a big mistake and that is you have not got your loan pre approved. This is a very big mistake and if you will not avoid it then it will take you to disaster.

2.I must say that you should really make only verbal contracts. If you will not make verbal contracts and go for written contract then you can really not question if something wrong happen in later half of the deal? I must say that you will definitely be in for surprises in the later half of your deal and you should makes sure that that you are ready for these surprises.

3.You should also make sure that you do not discriminate between the banks on the basis of loan rate. I must say that you will find the banks with low loan rate to charge more fees and other expenses from you. This can really be a loss in the future.

You should really have all these points in mind and I must say that you will definitely find yourself in better position if you think in advance that what is going to happen in future.