Biggest Real Estate Mistakes
Buying and selling property is a complicated process, with manifold details to be ironed out and compromises to be made all in an unnervingly short period. Because of these time constraints, it is quite easy to make a small mistake that will have major consequences. In my many years of practicing real estate law, my firm has identified some of the biggest real estate mistakes that buyers and sellers can make.
I think that the biggest mistake in acquiring a residence is falling in love with the house before you really know what its value is. It is important that you have a real estate broker or an attorney who will be able to apprise you of what the market in that area is and to have a general understanding of the conditions of those local properties. If there is an issue with regard to a sinkhole, asbestos, or the education system in the area, you want to know these things as you investigate whether you want to buy the house. Before you fall in love with the house and decide that it is the house for you, find out the answers to those questions so that you can be comfortable with the house for years to come.
If you are considering buying or selling real estate, avoid the biggest real estate mistakes. Contact The Law Office of Randy H. Gugino for a free confidential consultation.
The Law Office of Randy H. Gugino has provided comprehensive legal services to clients in the Buffalo region and throughout Western New York for more than 30 years. Our clients receive the support of an award-winning legal professional who truly cares about their case — and a staff of highly trained paralegals and assistants dedicated to detail and committed to achieving results. Let our experience work for you!
You can also watch our educational videos and read our complete guide to real estate law to learn more.