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Home Buying Mistakes

Nothing compares to the pride and security of owning a home, as this transaction has many benefits for you and your family. Plus, it also has many advantages compared to renting. However, you have to make things right to avoid any problems that can mean potential problems. For this reason at Patriot Title Agency in Ohio, we would like to share some of the most usual home buying mistakes. ;

Creditworthy

Once you assessed your needs and financial situation, you will need to find a property that fulfills them. It’s very easy to get lost and try to buy a property that you can’t afford and there are several ways to find out whether you are creditworthy, as getting preapproved by a lender or using a mortgage calculators are good ways to finding out your mortgage-income ratio. ;

Added Costs

It’s relatively simple forgetting about the other costs that homeownership represents. However, you should consider other expenses like the move, taxes, appraisal fee, title services and home insurance. Also, you will also have to pay for restorations and maintenance every year. ;

Home Inspection ;

Skipping the home inspection will probably make your offer stand out from the rest, however this can become a problem in the future, as you will have to deal with the repairs the house requires. Keep in mind that you won’t be able to assess certain features of the home like the wiring or foundation, and they can be very expensive to repair in case they are damaged. ;

Inexperience can be a problem that can lead to making the wrong decisions, however a thorough planning and having the right advice can prevent any setbacks and potential problems, so don’t forget about these simple but somehow neglected ideas. ;

For Title Insurance in Ohio

We can’t overstate the importance of having legal advice, as there are many real estate scams that can threaten your investment. If you are looking for title insurance in Ohio, think about Patriot Title Agency, where our experienced agents will be glad to assist you. ; ;Call 330-479-3000 or visit our website to learn more about our services.

Patriot Title Agency, Inc. is your source for full title and escrow services, offering competitive pricing and a wide range of title products that make us the best value in the business. We provide real estate settlement services in 13 states, issuing title insurance policies underwritten by First American Title.

Office Locations:

Canton, OH

Columbus, OH

Medina, OH

St. Petersburg, FL

Business Hours:

Monday - Friday

8:30 – 5:00

Closed

Saturday & Sunday