Homeownership in Atlanta: Skipping the Stressful Part

Are you looking to live amid the Southern charm of Atlanta, Georgia? Whether for a job, family, or pleasure, purchasing a house in Atlanta offers numerous benefits. From being a burgeoning neighborhood with plenty of employment opportunities to enjoying easy access to the cultural amenities of a big city, an Atlanta home is an investment into your future. Unfortunately, buying a home can be a stressful experience, particularly for first-time buyers. To help you avoid common pitfalls, here is a guide to some mistakes to avoid when buying a home in Atlanta.

  1. Underestimating Costs

The purchase price is obviously the main consideration when buying a home. However, you should also factor in additional expenses, such as homeowner’s insurance, home maintenance costs, property taxes, utility bills, and sometimes home association fees. 

If you make a down payment of less than 20%, consider mortgage insurance changes. Ensure you understand all the charges associated with owning property in Atlanta before making an offer.

  1. Overlooking Key Financial Details

You must obtain a mortgage to finance your home purchase if you are not paying cash. Check your credit before applying for a mortgage. Resolve any concerns that may jeopardize your ability to obtain mortgage pre approval or result in a higher interest rate if your credit score falls below a specific threshold.

Then, obtain loan estimates from various lenders and compare them to ensure you get the best terms, including expected closing costs.

  1. Failing to Check out the Neighborhood Properly

Another common mistake is failing to research the community where you intend to purchase a property. To ensure the neighborhood is a suitable fit for you and your family, look into things like schools, nearby amenities, and crime rates.

You can also speak with current inhabitants or visit the region at various times of the day to get a better idea of what it is like to live in the area.

  1. Allowing Emotions to Drive Your Decisions

Do not allow your emotions to influence your decisions when buying a home. While it is easy to fall in love with a home, it is important to remain objective and ensure that the home satisfies your practical needs while remaining within your budget.

Before you begin your search, list deal breakers and must-haves to help you focus on what is important.  

  1. Not Hiring a Knowledgeable and Experienced Realtor

Another common mistake is attempting to buy a home without the assistance of an experienced real estate agent. A professional real estate agent can help you navigate the home-buying process, identify the ideal property, represent you during negotiations, and offer valuable insights into the local market.

For the best home-buying experience, choose Atlanta GA real estate experts BOULEVARD as they are experienced in the Atlanta housing market, and have a proven track record of assisting homebuyers.

Find Homes For Sale in Atlanta, GA Today!

When you are ready to begin shopping for your dream Atlanta home, contact the BOULEVARD team. The professional realtors are well-versed in the Atlanta real estate market, and can help you avoid these common mistakes to make your home-buying experience fun and successful. Set up a consultation today to get started on your goals.