Buyers Guide: 3 Mistakes To Avoid When Summer House Shopping

 

With the recent normalization of the Windsor real estate market and with changes to the interest rates from the Bank of Canada, many are jumping in for the first time or rejoining the market and renewing search for houses for sale in Windsor. We covered some tips for listing your Windsor home for sale this summer. Today we’ll focus on the buying side. While we discussed the hidden costs previously, this post will cover the 3 most common mistakes buyers make when on their summer Windsor home search.

  1. Take the Blinders Off
    • While the region has seen an increase in inventory, there are still many looking for houses that haven’t had success in the past so the competition can remain high. It is important to control what you can, your mortgage and pre-approval, your credit history and score, and your budget. Having a Windsor real estate agent to help guide and put what you can control to best use will maximize your chances. 
  2. Not Being Prepared To Act
    • That increased competition means you need to act quickly and decisively. If you find a home that is right, don’t hesitate, make an offer. To be ready to act quickly, have a wants and needs list before looking at homes, know your budget limits, and have your agent ready to place offers/negotiate. If you are on top of the ball, you’ll be in a better position to get that home.
  3. Missing the Red Flags
    • It is warm, the weather is nice, the house is all done up and looking its best. Like a used car, you always need to take a “look under the hood”. That means getting an inspection and making sure any potential problems, some costly, are not being hidden by the warm and dry weather. Some homes in today's market come pre-inspected with a report readily available, but if it has not been, get an inspection before you buy a home with a cracked foundation.

Here at Jump Realty our agents will give you honest advice on what course of action is best for you in their professional opinion and will always put taking care of your best interests first! With offices in Windsor, Tecumseh, Kingsville, LaSalle, and Chatham, no matter where you are, a Jump agent is ready to help. Please contact us for any housing needs and let us give you a better real estate experience!




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