 Shopping for a new home is an emotional experience. It’s also time consuming and comes with a myriad of details. Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items and their home purchase turns into an expensive process. These errors generally fall into four areas:
- 1.- Not Choosing a realtor from The Latin Power Team
- 2.- Paying too much
- 3.- Losing a dream home to another buyer
- 4.- Buying the wrong home
When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase: Bidding without sufficient information
What price do you offer a seller? Is the seller’s asking price too high? Is it a deal? Without research on the market and comparable homes, you could lose thousands of dollars. Before we make an offer offer for you, we have researched the market,we offer you an unbiased opinion on the value of a home, based on market conditions, condition of the home and neighborhood. Without knowledge of the market, your offer could be too much. Or worse, you could miss out on a great buying opportunity. Buying a mis-matched home
What do you need and want in a home? Sounds simple. we will help you to clearly identifying your needs and bringing an objective view to home shopping, leaves you in a better position. Sometimes, home buyers buy a home that is too large or too small. Perhaps they didn’t consider the drive to work, the distance to school, or the many repair jobs waiting for completion. Plan ahead. Use your needs list as a guideline for every home you view. Unclear title
Before you sign any final documents, as part of our services, we make sure the property you are considering is free of all encumbrances adding to your offer the necesary conditions for the lawyer to ensure that in the title there are no liens, debts, undisclosed owners, leases or easements. Seller Property Information Statement Before the purchase is completed, we ask and analyse the Seller property Information Statement (SPIS) making sure that according to the owner statement everything in the house you are purchasing is OK. Unexpected repairs
For $300 - $500 a professional inspector will conduct a thorough inspection of the home. This way, you’ll have an idea of the cost of future repairs. We will add a condition making the final contract subject to a favourable report. Shopping without pre-approval
It only takes a few minutes to get financing pre-approval from one of our Financial officers. When you are shopping for a home, this gives you more power. A seller is more likely to consider an offer from a serious buyer. Remember additional cost
Besides the funds for the purchase of a home, you’ll need funds for items such as loan fees, insurance, legal fees, inspections, etc. Rushing the closing
Before you sign the final documents, we will ensure that all documentation clearly reflects your understanding and conditions of the transaction. Has anything been forgotten? with out the right help, you could lose money, financing or even the sale. 
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