Are you thinking about buying a home in the Lehigh Valley? Here are some tips for avoiding some common buying mistakes.

1. Take your time. Be familiar with the local market before making an offer. Preview different homes. This will help you to better understand the marketplace.

2. Ask questions. Ask questions about the listing details, the contract details, and the mortgage details. There are many hidden factors when buying a home. It is your responsibility to uncover them.

3. Know your financial limits. Even if you find your dream home, don’t sacrifice your lifestyle by devoting all of your finances to a home that you can’t afford. Plan for the future such as children, add-ons, amenities, and fix-ups. Pre-approval through a lender can help determine a reasonable target price range and also identify the mortgage programs that can work best for you.

4. Shop for the best mortgage rates. With so many different mortgages available, you should take the time to find the one that best suits your needs. Anyone can get a mortgage regardless of qualifications. However, be wary of the ones that may do more harm than good.

5. Know the neighborhood. Is the neighborhood safe? Are there schools, parks, libraries, coffee shops, etc. nearby? Is it the kind of neighborhood that you want to live in? Also, find out the zoning regulations. This will prevent unforeseen headaches. Is your area zoned for commercial businesses, fire stations, etc?

6. Professionally inspect the house. Speak with inspectors about how they work, what they cost, and what they recommend. In addition, be clear about what is on the inspection report.

7. Surround yourself with trustworthy people. Find the right agent, lender, mortgage broker, title rep, and agent that suit your needs.

8. Remember that what is in writing is what counts. Any negotiations or discussions should be written. Your team consisting of your agent, broker, inspector, etc. should provide you with written contracts.

9. Consider using a Buyer’s Agent. It is advantageous to have a professional real estate professional such as myself on your side. I can provide useful information about the location, property, and local market that will facilitate your buying decision.

If you or anyone you know needs help navigating the buyers market, feel free to call me at (610) 533-4549 or visit my website at http://www.govalleyhomefinder.com/