real estate

7 ways homebuyers overpay

7 ways homebuyers overpay
7 ways homebuyers overpay © Andy Dean Photography/Shutterstock.com

Homebuyers often undermine their own best interests and end up overpaying, many real estate agents say.

First-time homebuyers, as well as those looking in a hot market, are susceptible to overpaying because they have a hard time exercising discipline when it comes to price, according to Herman Chan, a real estate broker in San Francisco.

"Any buyer can make a mistake, and if they don't keep a level head, that mistake can end up costing them a lot of money," Chan says.

Buyers should familiarize themselves with some of the common ways that end up causing them to overpay.

Check mortgage interest rates available in your area.

advertisement

          Connect with us
advertisement
advertisement

Blog

Stephen Pounds

World’s costliest home on market at $1.1B

For a cool $1.1 billion, you can own Villa Les Cedres (the cedars) in the billionaires' holiday town of Saint-Jean-Cap-Ferrat, near the city of Nice.  ... Read more

advertisement

Connect with us