Buying a Home? Don’t Just “Wing It!” Stick With The Pros
Purchasing a home is always a huge undertaking. It matters little whether you’ve bought and sold numerous homes or whether you’re a first time buyer. When looking for a new home, many people believe they can do it all themselves. This is especially true of home-buying “veterans.” However, buying and selling a few houses over your lifetime doesn’t make you an expert. The process is constantly evolving. Markets change. Lender Guidelines change. Even Real Estate Laws change. Are you sure what you did five, 10 or 20 years ago is still relevant?
Information Age
Consumers today have a huge amount of information at their disposal. There’s more information online than anyone can hope to read. Although I’m all for consumers educating themselves, I also know that a little bit of knowledge can be dangerous. Consumers should learn the basics and know the questions to ask. Then they should put together a team of professionals who can implement their plans and help them attain their goal of a new home.
“Why do I need ‘professionals’ to do the work?”
“How hard can it be?”
“Lots of people buy a home on their own. Why should I pay someone if I can do it myself?”
These statements are all too common. And unfortunately they’ve been reinforced by bad experiences of home-buyers who were poorly served by not-so-professional realtors, mortgage loan originators, home inspectors, and yes, even attorneys, all who were not true experts at their craft, all who put their commission checks before the needs of their clients.
You Can Find Good People to Help
If you consider yourself amongst those who have been burned, I promise you, there are a great many exceptional realtors, mortgage professionals, home inspectors, and real estate attorneys out there. Your task is to sift through the rocks to find the true gems. And let me assure you of one thing: When you have an exceptional team of professionals helping you purchase a home, they are worth their weight in gold.
Superstars will save you time, money, and aggravation. Superstars will help you avoid problems and pitfalls that you wouldn’t find on your own – problems that would cost you tens, if not hundreds of thousands of dollars, were it not for the sharp eye or keen experience of a superstar real estate professional.
So who are these rock stars and how do you find the right people to have on your team? Fear not my friend. All will be answered in next week’s article. Stay tuned…
Warren Goldberg is a Mortgage Planner, and published author. His interviews include Blog-Talk Radio, Newsday, and the Long Island Herald. His newsletter is read by almost two thousand subscribers. Since 1992, Warren Goldberg has helped thousands of clients own their homes, refinance their mortgages, restructure their debts, and invest in real estate. Warren is known for his wide knowledge of mortgage products and wealth-creation strategies. To learn more or subscribe to his newsletter, visit www.WarrenGoldberg.com or e-mail him at WGoldberg@GuardHill.com.
