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. Their home purchase turns into an expensive process. These errors generally fall into three areas:

• Paying too much
• Losing a dream home to another buyer
• 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 you make that offer, be sure you have researched the market. A professional realtor, can offer 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. Yet, 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 document, be sure the property you are considering is free of all encumbrances. As part of their services, a realtor can supply you with a copy of the title to ensure there are no liens, debts, undisclosed owners, leases or easements.

Outdated survey
Before the purchase is completed, an updated survey is essential. This report will indicate boundaries and structural changes (additions to the house, a new swimming pool, neighbor’s new fence which is extending a boundary line, etc.).

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. Make the final contract subject to a favourable report.

Shopping without pre-approval
It only takes a few days to get financing pre-approval. 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.

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Use MLS Data to asist you in buying or selling 1031 exchange homes or other real estate.   Shop for homes in these neighborhoods: Alta Mesa , Villages of Eastridge , Red Mountain Ranch , Power Ranch , Val Vista Lakes , Camelot Country Club Estates , Las Sendas , Boulder Mountain , Augusta Ranch , Parkwood Ranch , Apache Wells , Arizona Golf Resort , Barclay Village , Desert Sands , Dreamland Villa , Fountain of the Sun , Leisure World , Red Mountain Villas , Sunland Springs , Trilogy at Power Ranch , and Verde Groves .

Audry Wolff serves real estate clients looking to buy and sell homes in Mesa, Gilbert, Chandler, Tempe, Scottsdale, Fountain Hills, Apache Junction, and Gold Canyon; and condos, town homes, custom lots and property in Mesa, Gilbert, Chandler, Tempe, Scottsdale, Fountain Hills, Apache Junction, and Gold Canyon and supplies MLS and school information. No unauthorized copying of text, codes, graphics, formats, design elements, etc. is allowed.  Violators will be subject to severe legal action. Submission of any form on this site with your contact information including, but not limited to a name, telephone number, address and/or e-mail address, constitutes consent for Audry Wolff, Realtor, or a representative to contact you even if your name is on the Federal "Do Not Call List".