{"id":4018,"date":"2017-01-13T17:03:32","date_gmt":"2017-01-13T16:03:32","guid":{"rendered":"http:\/\/www.tolet.com.ng\/blog\/?p=4018"},"modified":"2017-09-26T14:43:36","modified_gmt":"2017-09-26T13:43:36","slug":"top-6-common-house-buying-mistakes","status":"publish","type":"post","link":"https:\/\/propertypro.ng\/blog\/top-6-common-house-buying-mistakes\/","title":{"rendered":"Top 6 Common House Buying Mistakes"},"content":{"rendered":"<p><span style=\"font-size: 12pt; color: #000000;\">Without a doubt,\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/rent-vs-buy-why-buying-always-wins\/\">buying a home is a major decision<\/a>. Deciding where to live, what kind of property you want and all other details are highly essential. Hence the need to get any emotions out the way when going through the buying phase as if you allow those emotions get the best of you, you may fall prey to a number of common home buyer mistakes. You need to make the most rational decision <a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/5-tips-for-buying-a-house-without-regret\/\">possible when buying a home<\/a>.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/top-5-reasons-to-invest-in-real-estate-instead-of-stocks\/\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-858 aligncenter\" src=\"https:\/\/www.tolet.com.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin.jpg\" alt=\"tolet-need-to-find-na-small-tin\" width=\"720\" height=\"90\" \/><\/a><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">There are six common emotional mistakes people make when buying a home. Avoiding these mistakes would help you find the best place to call home;<\/span><\/p>\n<p><span style=\"color: #000000;\">CHECK OUT: <a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/property-for-sale\/lagos\" target=\"_blank\" rel=\"noopener noreferrer\">PROPERTIES FOR SALE IN LAGOS<\/a><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><strong>Mistake 1: Falling in Love With a House You Can&#8217;t Afford<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Once you&#8217;ve fallen in love with a particular home, it is going to be all you think about. You start to envision yourself in that house, how great your life would be and all the wonderful things the beautiful house can offer- the lovely neighbourhood, the well-paved streets, the spacious kitchen. However, if you can&#8217;t or won&#8217;t be able to afford that house, you are just going to keep hurting yourself by constantly imagining yourself in it.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">To avoid the temptation to get in over your head financially, or feel like you&#8217;re settling for less than what you deserve, it is advisable that you only look at homes within your price range.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Start your search at the lower end of your price bracket and see if what you find there satisfies you. If it does, there would be no need to go higher or outside your budget bracket.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">ALSO READ:\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/top-6-heart-wrenching-mistakes-home-sellers-make\/\">Top 6 Heart Wrenching Mistakes Home Sellers Make<\/a><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><strong>Mistake 2: Being Desperate<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">It is easy to get desperate especially when you have been on the house search for a while and you are not seeing anything that catches your fancy. Been desperate can easily get you to settle for a home you may end up hating in the nearest future.<\/span><br \/>\n<span style=\"font-size: 12pt; color: #000000;\"> Being desperate can also lead to you ignoring some important flaws<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">However, if you have time on your side, it is okay to wait until something that suits you comes along. Keep in mind that as long as your demands are can realistically fit in with your budget, you are bound to find your dream house soon.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><strong>Mistake 3: Ignoring the Important Flaws<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">You might be <a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/7-critical-reasons-you-should-not-avoid-a-home-inspection\/\">tempted to ignore major problems<\/a> with a particular house that will be difficult, expensive or impossible to change probably out of desperation or because of a tight budget<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">However, carefully consider your options before you make any commitment, and consider waiting until something better comes along as new houses come on the market every day.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">CHECK OUT: <a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/property-for-rent\/lagos\" target=\"_blank\" rel=\"noopener noreferrer\">PROPERTIES FOR RENT IN LAGOS<\/a><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><strong>Mistake 4: Blowing your Handyman Skills Out of Proportion<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Don&#8217;t buy a house that is in need of so many repairs that is more than you can handle in terms of time, money or ability. For instance, if you think you can do the repairs yourself only to realize that you can\u2019t once after you\u2019ve already made the purchase,\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/affordable-ways-for-redesigning-your-home\/\">any repairs or upgrades you were planning<\/a> to make will probably cost twice as much once you factor in the labor cost and these costs are most likely not to be in your original budget.<\/span><br \/>\n<span style=\"font-size: 12pt; color: #000000;\"> Honestly evaluate your abilities, your budget and how soon you need to move before purchasing a property that isn&#8217;t move-in ready<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">ALSO READ:\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/house-hunting-advice-for-the-married\/\">House Hunting Advice For The Married<\/a><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><strong>Mistake 5: Being in a Hurry to Buy<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">In a highly competitive market, it is oftentimes necessary to make a quick offer when you find a home you like. However, you need to make sure the home really is right for you. Important things like finding out how safe <a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/the-secrets-of-a-good-location-in-lagos\/\">the neighbourhood is or the condition<\/a> of the street when it rains, should not be neglected.<\/span><br \/>\n<span style=\"font-size: 12pt; color: #000000;\"> Taking the time to consider your decision also gives you a chance to do due diligence on if this property is the best one for you, how much the property is really worth and offers an appropriate price.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><strong>Mistake 6: Stalling on Payment<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Although the need to do due diligence and ensure\u00a0<a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/why-is-buying-a-house-considered-a-good-investment\/\">you make a good decision<\/a> cannot be overemphasised, do not take too long when making the decision. Losing out on a property that you were almost ready to buy because someone else beat you to it can be heart-wrenching. Ensure you don&#8217;t drag your feet in the process of making a decision.\u00a0<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">It is natural for emotions to come into play <a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/top-5-secrets-to-buying-a-property-in-nigeria\/\">when buying a home<\/a> most especially when <a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/advice-for-first-time-home-buyers-in-nigeria\/\">it happens to be your first<\/a>. However, don\u2019t forget that buying a house is a big decision, hence the need to make highly rational choices. Rather than getting emotionally wrapped up in the prospect of owning your dream home, do your due diligence, get over sentiments as well as emotions and with a clear head, make a good home buying decision that is healthy for your feelings and your finances.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">At tolet.com.ng, we provide affordable properties for rent and for sale in various parts of Nigeria. Want to know more? Visit <a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/\">www.tolet.com.ng\u00a0<\/a>NOW!<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><a style=\"color: #000000;\" href=\"https:\/\/www.tolet.com.ng\/blog\/top-5-reasons-to-invest-in-real-estate-instead-of-stocks\/\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-858 aligncenter\" src=\"https:\/\/www.tolet.com.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin.jpg\" alt=\"tolet-need-to-find-na-small-tin\" width=\"720\" height=\"90\" \/><\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Without a doubt,\u00a0buying a home is a major decision. Deciding where to live, what kind of property you want and all other details are highly essential. Hence the need to get any emotions out the way when going through the buying phase as if you allow those emotions get the best of you, you may &hellip;<\/p>\n","protected":false},"author":14,"featured_media":4020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[38,17,467],"tags":[210,519,238,89],"class_list":["post-4018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-featured","category-real-estate-advice","tag-buying-a-property","tag-house-hunting-mistake","tag-real-estate-in-nigeria","tag-tolet-com-ng"],"_links":{"self":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/4018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/comments?post=4018"}],"version-history":[{"count":5,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/4018\/revisions"}],"predecessor-version":[{"id":5260,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/4018\/revisions\/5260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media\/4020"}],"wp:attachment":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media?parent=4018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/categories?post=4018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/tags?post=4018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}