Don’t let these house-buying fears stop you from closing on your dream home.
Buying a home is likely the biggest investment that you will make in your lifetime. When you think of all the money, time, and effort that goes into buying a home, it’s natural to have fears come closing time. However, it’s important that these concerns do not stop you from nabbing your dream home. Here’s how you can face your biggest home-buying fears.
- Bad Home Inspection
Many home buyers are scared that their home inspection will uncover serious issues with the home. While the inspection process is nerve-wracking, it’s important to remember that the inspector is supposed to point out every issue they see with the house. This means that, while the list of issues will be long, most of these problems are minor and do not require your immediate attention. If an inspection does turn up bad news, then you still have some options. The best way to deal with these major repairs is by going back to the seller and seeing if they will handle the repairs or credit you for the cost of repairs.
- Losing Their Deposit
When buyers make a deposit on a home, the seller does not cash the check. Instead, it sits in escrow and cannot be released without both the buyer’s and seller’s signatures. This process means that it’s nearly impossible for a buyer to lose their deposit in escrow unless all contingencies are removed.
- My Agent Doesn’t Have My Back
When you are house hunting, it’s imperative that you work with a top-notch realtor. Good realtors always have your best interests in mind, and they are always eager to investigate new properties that you may be interested in. If you feel like your realtor is not listening to you or has different motivations, then do not be afraid to find a new agent. Only work with agents that are committed to you.
This is how you can face your biggest home-buying fears. Are you looking to buy or sell in the Hermosa Beach area this season? If so, contact the experts at Brighton Escrow to get the top-tier escrow service you deserve. Serving the Hermosa Beach area, we are ready to make home buying and selling a breeze.
