on FrontDoor
Need to step up your real estate game? We've asked some of today's top real estate experts to compile a list of moves to make and mistakes to avoid when buying or selling a home.
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Slide Show: Buying Dos and Don'ts
Tips to help you find your dream house without breaking your budget.
Home Buying Checklist
A step-by-step checklist to guide you through the buying process.
Mistakes to Avoid
Overbidding at auctions.
Buying a home at an auction isn't always a good deal. Do research before you buy, and don't go over your budget in a bidding war.
Buying a house for its decor.
A home might have gorgeous furnishings at the showing, but it needs to accommodate your furnishings and lifestyle after the sellers pack up their sofa.
Trusting everything you read in a real estate ad.
Things that sound too good to be true usually are. Be a savvy buyer and read between the lines to get the real scoop on real estate.
Buying the most expensive house on the block.
Keep up with the Joneses, but don't outdo them. You won't get the same return on investment with the most extravagant home and might have trouble selling later on.
Moves to Make
Research the neighborhood.
Location is the most important factor when buying a house, so make sure you find out about your potential neighborhood before you sign on the dotted line.
Look at several houses before you buy.
Even if you love the first house you see, compare it with several other houses in the area. You'll forego the buyer's remorse and avoid overpaying for the house you want.
Invest in a professional inspection.
You might think you've found your dream house, but a home inspection can uncover costly problems. An investment now can prevent surprises later.
Buy based on needs, not wants.
Don't be dazzled into buying a home outside your needs, but do make a list of what you need and stick to it.
More Buying Resources
Real Estate Tools
Tax Savings
Determine your potential tax savings with a mortgage.
Home Value Loss/Gain Estimator
Find out if you'll have to pay capital gains tax when you sell.
Return on Investment
Will you make money or lose money on your real estate investments?