Top 10 Mistakes Home Buyers Make When Buying

10 Deadly Mistakes to avoid When Buying a Home

If you are looking for homes for sale in Pleasanton or a Dublin Ranch Condo… You need to avoid these 10 Mistakes Buyers Make.

1. Making an offer and not being prequalified- Being prequalified will make everything in your life easier. If you think you qualify for a Pleasanton home at $800,000, you may not be. A lender will look at your income, debt, etc. to determine the price range you can afford. This is the 1st step you as a home buyer need to take.

2. Skipping a Home Inspection- When you are buying that beautiful home don’t try to save money by passing on an inspection. A lot of what an inspector looks for is hiding.

3. Limiting your search to open houses, ads or the internet- Many times a home in a newspaper or magazine is sold by the time it hits the stand. As for the internet, a lot of information is out of date because not all websites use direct feeds from the MLS. Contact a Realtor who specializes in the Pleasanton neighborhood you are interested in, they will get you into a home before an open house and get you info in a timely manner.

4. Choosing a limited service real estate agent- When you need info right away, want to see a home on short notice, need experience to help you buy your largest asset, hire a pro! When you hire a part time agent, you get limited experience.

5. Thinking there is only one perfect home- It is a process of elimination when buying a home. New homes come on weekly so being open to different styles while still meeting your goals is important.

6. Not looking long term- Look down the road 5 years to see what life may look like and purchase a home that will work with your changing life. A 1 bedroom might not work too well if you are planning to have a few kids in the coming years.

7. Not examining insurance issues- Purchase adequate insurance on the advice of an insurance agent. They can provide answers to any concerns you may have.

8. Not getting a home protection plan- This is an insurance policy of its own. This plan will protect basic repair needs you may encounter one year out from close of escrow.

9. Not looking at total costs- After you talk to a lender, talk to a Realtor to get an estimate of the total monthly costs involved. You will want to talk to your CPA to see what your tax return will look like for the year in which you purchase.

10. Not following through on due diligence- Make a list of concerns you have such as; schools, crime, neighborhoods, noise, traffic. Not doing your homework can have a negative effect on your purchase. Contact a Realtor who sells a lot in the neighborhood you are interested in.

FOLLOW THESE STEPS AND BUYING THAT PLEASANTON HOME OR DUBLIN RANCH CONDO WILL BE AN EVEN BETTER DECISION.

Pleasanton Home Sales May 2009

Homes for sale in Pleasanton, CA are seeing more action then they did 4 months ago. Pleasanton home sales are up, after all it is Spring buying time. Not only are sales up month over month for Pleasanton homes, but the amount of buyers looking at homes is increasing too. We are not seeing 20% over bids on homes, but we are seeing more homes selling faster.

Last month the average Pleasanton home sold for $864,000 at $344 per square foot in 63 days.

Here is a complete list of Pleasanton Home Sales for May 2009