Typical Home Buyer Mistakes as discussed on The Duncan Duo Real Estate Show

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Andrew Duncan, Tampa Bay's #1 Realtor and Real Estate expert talks with Arnie Diaz from Waterstone Mortgage about the Top 5 biggest home buying mistakes.

Buying instead of Renting
Sometimes the person is new to the area and though they want to buy. There are times it's better to rent to get used to the area. Or if you're selling your home, there are times it's better to wait than rushing to buy the wrong home.

Hiring the wrong real estate agent
hiring someone who's not experienced with the market. A lot of agents right now are new to the business making some crucial mistakes that could cost you. It's best to hire someone with the known brand and reputation.

Not researching the neighborhood
Some people don't do their research of what's going on in the neighborhood and you get in there and find out you don't like it.

Getting confused about mortgages
People get confused about mortgage, not knowing the differences between mortgage products. It's important to talk to your local lender for advice so you'll know your options.

Landing a fixer-upper
If it's your first time to buy a home, remember that buying a fixer upper is like buying a second job or potentially a money pit. A lot of people underestimate what it will cost to renovate because most of the time, there are a lot more things wrong with the home aside from what the eye can see. Sometimes it's best to leave it to investors or home builders.

For more Tampa Bay Real Estate news and advice, tune in to The Duncan Duo Real Estate Show on 970 WFLA - Tampa Bay every Sundays at 10 am.

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