Deb Tebbs Group

Cascade Sotheby's International Realty

Simple Mistakes to Avoid When Buying Bend Oregon Real Estate

Home Buying Mistakes

By Deb Tebbs Group

As long time Real Estate Agent’s we’ve seen home buyers here make common mistakes when buying Bend Oregon Real Estate.

In today’s post we will break down the most common mistakes buyers make when purchasing Bend Oregon Real Estate so you can be more prepared to buy a home here.

Mistake #1 – Not Choosing a Local Lender

Although you may have found a great mortgage interest rate online it’s always best to choose a local lender for your mortgage loan needs.

Local lenders will be available to meet with you, answer your questions and concerns which you may have as you are buying a home in Bend.

Not choosing a local lender could leave you frustrated when you’re not able to contact your lender to have your questions, comments or concerns answered.

Mistake #2 – Forgetting About Your Renovation Budget

You’re excited about buying Bend Oregon Real Estate but, have you thought about how much money it’s going to take to make the home habitable for your family?

Before saying yes to buy a home make sure think about all renovation work which needs to be done first, and if possible add an extra $10,000 to your renovation budget, so you don’t get caught in the middle of your renovation and then run out of money.

Mistake #3 – Getting Caught Up In a Bidding War on a Home

Last of all, but most important, it’s always important to consult with us first about what’s really happening with home values in a neighborhood before you get caught up in a bidding war on a Bend Oregon Home.

Yes, there may be a shortage of home inventory in Bend at times but the reality is that home prices vary by neighborhood and it’s easy to make the mistake of getting caught up in a bidding war on a home when home prices in that neighborhood are actually on the decline.

Your Bend Oregon Real Estate Expert

For more tips on how to buy Bend Oregon Real Estate, or to view homes for sale across Bend, Sunriver, Redmond and other Central Oregon communities, contact the Deb Tebbs Group today by clicking here to contact us through our website or calling us at (541) 323-4823.

Share this article