CHAPTER 4 Real Estate Horror Stories to Learn from
You’ve seen frightening stories like this on TV. Perhaps you’ve heard about them from neighbors or co-workers, but you still haven’t witnessed anything like them yourself. Be warned. The first time is one time too many. Now that you’re in the market for your first home, or maybe a second or third, congratulations! Buying a new home is one of the biggest achievements for many people. Unfortunately, home buyers—especially first-time buyers—can be the victims of real estate horror stories. Absolute horror, from the buyer’s perspective. Here are a few examples. Okay, my particular experience wasn't exactly a horror, but it was an important lesson nonetheless. The others weren't so lucky. In my own experience I had to relocate from Seattle to Dallas and my house in Seattle sold right away. Suddenly I needed to buy a house in Dallas - and fast. I flew to Dallas and had three days to put a contract on a house. I was very clear on my down payment amount and monthly payment budget. The first REALTOR® I worked with kept showing houses that were way out of my price range, hoping that I would somehow come up with a lot more money and she could get a bigger commission check!
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