“Help me help you” — protect your buyer from self-sabotage

Five common mistakes are responsible for buyers missing out on the housing deals they want, per a recent news report.

The top buyer mistakes are:

• making only lowball offers;
• taking too long to make an offer;
• filling contracts with unnecessary contingencies;
• failing to make a personal impression on the seller; and
• neglecting lender pre-approval before looking for a house.

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  Tags:fair market value (FMV),first-time homebuyer,sticky pricing

  About The Author

  

  Sarah Cantino

  is lead editor for the Landlords, Tenants and Property Management and Real Estate Property Management books.

  Latest Comments

  1. 

     Douglas J. De Clue

     Translation: You have no leverage unless you have $200k cash and you are at the mercy of the sellers and the speculators.

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     - July 2012

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