Sacramento Real Estate 101 - Mistakes First Time Home Buyers Make

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First time home buyers must control their emotions before jumping on the bandwagon of buying homes in the region.
I know a lot of first time home buyers who made mistake in the past. Below are mistakes you should avoid to have a perfect real estate deal in the future.

For more information please visit us at http://www.DavidYaffeeTV.com

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Sacramento Real Estate 101 - Mistakes First Time Home Buyers Make

  1. 1. Sacramento Real Estate101 - Mistakes First Time Home Buyers Make©www.DavidYaffeeTV.com
  2. 2. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeFirst time home buyers must control their emotions beforejumping on the bandwagon of buying homes in the region.I know a lot of first time home buyers who made mistake inthe past.Below are mistakes you should avoid to have a perfect realestate deal in the future. ©www.DavidYaffeeTV.com
  3. 3. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeBelow are the simple things or mistakes first time home buyersneeded to be avoided in this Industry;Avoid homes above market value –Avoid investing expensive multiple properties most specially ifthe selling price of your target home is more than the normalmarket value. ©www.DavidYaffeeTV.com
  4. 4. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeYou can’t go wrong by shelling out huge amount of moneyspecially if the property you are targeting have busted lightsand broken windows.You have to avoid these homes to keep away from spendingmoney on unnecessary things. ©www.DavidYaffeeTV.com
  5. 5. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeAsk your local bank on the actual market value where yourtarget home is located, doing this will help you get the homethat fits your lifestyle and needs.Don’t get afraid of investing –In reality, buying real estate solely for short-term appreciationis often a big gamble! ©www.DavidYaffeeTV.com
  6. 6. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeTo give you an idea, If you buy real estate to hold for fifteenyears or more, the chances are that you will come out on top.According to a realtor, If you buy a property and flip it inwithin a year, youll probably do fine, too. ©www.DavidYaffeeTV.com
  7. 7. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeBut on the other hand, if you buy a rental property for full-market price with break even or negative cash flow, youdbetter have a backup plan if the market doesnt keep going up.Investing is a lot like surfing; if you dont know how to ride thewave, you will drown! ©www.DavidYaffeeTV.com
  8. 8. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeInvesting blind –According to some real estate experts, Real estate Industry isactaully one of the few investments in which risk is directlyproportional to knowledge.True, it has a higher learning curve than investing in the stockmarket, but theres no proof that having knowledge of thestock market reduces risk. ©www.DavidYaffeeTV.com
  9. 9. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeI happened to read a comment on a real estate discussiongroup on the Internet.In response to an inquiry as to whether a particular seminar ortraining program was worth the money, someoneanswered, "Why waste your money on that stuff? Just use yourmoney as a down payment and learn as you go." ©www.DavidYaffeeTV.com
  10. 10. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeMoney for deals is easy to find if you can find good deals.But, you wont know what a good deal is without having firstinvested in your education!Seek help from your most trusted realtor before you investyour hard earned money in this kind of Industry. Rememberthat the more knowledge of investingtechniques, financing, acquisition, negotiating and, ofcourse, your local marketplace, the less risky your investmentswill be. ©www.DavidYaffeeTV.com
  11. 11. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeNo cash reserves –Ask even your realtor in real estate long term (or any otherbusiness, for that matter), and they will tell you the two mostimportant words for survival are:cash flow. ©www.DavidYaffeeTV.com
  12. 12. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeIf you want to survive real estate long term, you need cashreserves.Realtors believe that “Buying real estate nothing down is easy;handling negative cash flow, repairs, and other expenses in themeantime is the trick.In fact, if you can handle the bad times, you will always comeout on top.” ©www.DavidYaffeeTV.com
  13. 13. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeThey added that “Lack of cash reserves puts unnecessary pressure on you to do substandard repairs, accept less thanqualified tenants, and give into tenants demands for fear ofvacancy.When you have a sufficient cash reserve, you act rationally.” ©www.DavidYaffeeTV.com
  14. 14. Sacramento Real Estate 101 - Mistakes First Time Home Buyers MakeLooking for Sacramento Real Estate properties? Then visit usat www.DavidYaffeeTv.com !We offer great quality Sacramento Real Estate propertieswithout spending a lot! Visit us now! ©www.DavidYaffeeTV.com
  15. 15. Sacramento Real Estate 101 - Mistakes First Time Home Buyers Make Brought To You By ©www.DavidYaffeeTV.com

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