3 Things You Should NEVER Do When You're Buying a Home

Buying a home is the biggest financial decision you'll ever make - and that's why your Lakewood buyer's agent will be there to guide you. Your agent will walk you through every step of the process, ensuring you understand your options. She'll also make sure you steer clear of these three things you should never do when you're buying a home.

3 Things You Should Never Do When You're Buying a Home in Lakewood

Check out these three things you shouldn't do when you're buying a house:

  1. Don't talk to only one mortgage lender.
  2. Don't hold out for a house that's perfect in every way.
  3. Don't make major purchases before you close on your home.

Here's a closer look at each.

Home-Buying Mistake #1: Talking to Only One Mortgage Lender

Get quotes from more than one lender. In fact, you should get quotes from at least three. Your real estate agent can help you find reputable lenders in Lakewood and Long Beach if you don't already have a few in mind. You can even talk to a couple of mortgage brokers - they're people who find loan products that may work for your situation, and then you get to choose which loan product you choose (and from which lender).

Home-Buying Mistake #2: Holding Out for a House That's Perfect in Every Way

There's no such thing as a "perfect" house. If you're holding out for one that has everything you want, you might be looking for a while. Likewise, if there's a home that you love but it has a few "if only"s, see if you can make it work. For example, if you love a house and would buy it - if only the kitchen wasn't painted yellow - it might be a great fit for you. You can always ask the seller to change things you don't love, or you can change them yourself after you buy.

Home-Buying Mistake #3: Making Major Purchases on Credit Before Closing Day

Making any major purchases on credit can derail your mortgage, which means you won't be able to close your real estate transaction. In fact, you should steer clear of even applying for new credit while your lender is processing your loan application - right up until you sign the final documents and the keys to your new home are in your hands.

Are You Buying a Home in Lakewood?

If you’re not already living in Lakewood, or if you are but you’re looking for a new home, we’re here to help. Call us right now at 562-882-1581 or start browsing our Lakewood real estate listings to find your dream home today!

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