Page Title
Dave Shockley, Managing Broker, Real Estate III - West Office,
Charlottesville, Virginia.   cell 434-242-1769
Charlottesville Area Real Estate  -  Made Easy.

Buying a house covers a lot of ground (no pun intended ! ) Here are a few common mistakes -

Not spending time in preparation-

This could result in buying the wrong house, too much house,
or even a bad house. Remember, once the contract is signed and you "change your mind" it is
almost impossible to pull out of the deal without losing money.This leaves you little wiggle room if
an unexpected emergency leaves you little wiggle room if an unexpected emergency comes up.

Not comparing mortgages -  

There are far too many variables - type of mortgage, down payment, points paid, to mention a few,
so do not take the first one given to you.   Spend time comparing to get the most advantageous
plan for your finances.


Finding out you have no representation -

This can be a nasty surprise when you assume that the Agent with whom you are working
represents you when in fact he represents the SELLER.   Take time and familiar yourself with the
Laws of Agency.  (I've out-lined this on another page).


Waiting for "the perfect home."  -

Many first time home buyers make the mistake, that they will, if they look enough, find their perfect
house.  With all the variables available in different homes this is almost impossible.  Usually it is best
not to pass over those homes that meet 90% of your needs, because prices continue to rise (here
they rise quite quickly) and mortgages rates may go up.  

Short cutting the inspection process -

Do not skip a house inspection because this will let you know exactly what you are looking at.  It is
worth the $150- $350 usually charged.   

So, remember find a reliable, professional  REALTOR, who will owe allegiance only to you -  they
will be
your "BUYER AGENT" exclusively.
or in our case your

2    BUYER    AGENTS !  

GOT QUESTIONS?  
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