Mistake No. 6
6) Not doing proper and thorough research and preparation.
It is often said that “Knowledge is Power” and this has never been truer when you are looking to buy a property.
It’s absolutely critical that you research the neighbourhood before you buy. Check out the area, facilities and the schools, transport systems etc. Also it’s a good idea to attend a community meeting, if possible. You’re not just buying a house; you’re buying a piece of that community and the land around it. Do what ever you need to do to get to know the area. Also research the property values and recent sales in the area. You can find a lot of FREE information on the internet also.
This decision to buy can be a life changing experience or disaster not only for you but it also effects your family.