Blog

10 Terrible Homebuyer Habits to Ditch for a Successful Spring House Hunt in 2024

image001 (3)

Spring is traditionally a bustling season for homebuyers, and 2024 is no exception. As you embark on your journey to find your dream home in San Antonio, it’s crucial to shed any bad habits that could derail your efforts. To help you navigate the competitive market and increase your chances of success, here are ten terrible homebuyer habits you should ditch:

  1. Procrastinating on Pre-Approval: Waiting until you find the perfect home to get pre-approved for a mortgage can cost you valuable time in a competitive market. Secure pre-approval early to demonstrate your seriousness to sellers and streamline the buying process.
  2. Skipping Research: Don’t underestimate the importance of thorough research. From neighborhoods to market trends, arm yourself with knowledge to make informed decisions and avoid buyer’s remorse.
  3. Ignoring Budget Boundaries: Establish a realistic budget based on your financial situation and stick to it. Overspending can lead to financial strain down the road, so resist the temptation to stretch beyond your means.
  4. Neglecting Credit Health: Your credit score plays a significant role in mortgage approval and interest rates. Avoid new credit inquiries or major purchases before closing to maintain your creditworthiness.
  5. Failing to Communicate with Your Agent: Your real estate agent is your ally in the homebuying process. Stay in constant communication, clearly communicate your preferences and concerns, and trust their expertise to guide you effectively.
  6. Getting Emotionally Attached Too Soon: Falling in love with a property before considering practical factors can cloud your judgment. Keep emotions in check and evaluate homes objectively based on your needs and priorities.
  7. Skipping Home Inspections: Waiving a home inspection to expedite the buying process is a risky move. Inspections uncover potential issues that may not be visible during a walkthrough, saving you from costly surprises later.
  8. Overlooking Future Needs: Think long-term when choosing a home. Consider factors like resale value, school districts, and potential for future renovations to ensure your investment meets your evolving needs.
  9. Disregarding Neighborhood Dynamics: The neighborhood you choose is as important as the home itself. Research factors like crime rates, amenities, and proximity to work and schools to ensure it aligns with your lifestyle and priorities.
  10. Making Impulsive Decisions: Rushing into a purchase without thorough consideration can lead to regrets. Take your time, weigh your options, and consult with professionals before making any major decisions.

By ditching these ten terrible homebuyer habits, you’ll position yourself for success in your spring house hunt. Remember, patience, diligence, and strategic planning are key to finding your perfect home in San Antonio in 2024. Happy house hunting!

Contact us today for more personalized guidance and expert mortgage assistance.

(210) 341-5626 | info@newhorizonmortgage.com | www.newhorizonmortgage.com

Follow New Horizon Mortgage, Inc.

Licensing

Steve Anderson NMLS #214500
New Horizon Mortgage, Inc. NMLS #209402
Texas Compliant Recovery Funding Notice

Equal Housing Otyportuniy

Contact Us

New Horizon Mortgage, Inc.
11106 West Avenue
San Antonio, TX 78213

Number:
(210) 341-5626

Hours:
MON-FRI 8AM - 6PM
SAT          8AM - 5PM
SUN        12PM - 5PM