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How to Avoid 10 Common Buyer Traps BEFORE Buying a Kansas City Home, 3rd Chapter

10 part report, 3rd chapter 

How to Avoid 10 Common Buyer Traps BEFORE Buying a Kansas City Home

Buying a Kansas City home is a major investment no matter which way you look at it. But for many Kansas City homebuyers, it's an even more expensive process than it needs to be because many fall prey to at least a few of many common and costly mistakes which trap them into either paying too much for the home they want, or losing their dream home to another buyer or, worse, buying the wrong home for their needs.

Every homeowner has been a first-time buyer once in their life, so you're not alone. But buying a home is one of the largest purchases you'll make, so how do you know if you're ready to take that next big step? These 10 home-buying tips can help reduce the stress of buying your first home.

The third chapter is:

3.        Pinch those pennies. Besides having to save for a down payment, other expenses such as closing costs, homeowners insurance, home inspections are other expenses that a home buyer needs to prepare for when buying a Kansas City home. Most Kansas City lenders will also want you to have a "reserve"—money left in your savings account after you've covered all the costs. Frugality now will payoff later when you're enjoying your new abode. Some lenders have special loan programs that will help defray the upfront cost by adding them into the loan.

To view the previous chapters, go to: http://Blog.DowellTaggart.com  and click on For Buyers.

 

 Dowell Taggart Team

Posted: Tuesday, November 27, 2007 8:37 AM by Dowell Taggart Team

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