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The way to Miss out on a Home in 10 Ways

September 5, 2018 by Nick & Cindy Davis

Buying a home might be simply probably the most stressful purchasing experiences in life. Exactly why is it so draining? Unfortunately, you’ll find numerous conditions that can make a deal fall through – specifically if you aren’t using a professional agent. We have 10 ways you could possibly miss out on the home of your dreams and just how working with Nick, Cindy & Nicholas Davis will help you avoid them:

 

The way to Miss out on a Home in 10 ways

The way to Miss out on a Home in 10 Ways

 

1. You don’t have sufficient funds in the bank for the down payment
Surprise! Homes are costly. Over and above closing costs, there could also be unexpected fees around every corner. Ensure that you have significant cushion savings in combination with whatever you plan on putting down for your house-you can’t predict how these things may play out.

2. You don’t have your ducks in a row
Staying organized is critical when you’re house hunting. Are you serious about the bid you’re putting down? Ensure that you’re fully informed about all deadlines, contingencies and paperwork associated with moving forward with your home purchase.

3. You’re shopping way out of your budget
As Andie Anderson puts it in How to Lose a Guy in 10 Days, “You can’t lose something you never had.” Trying to find houses that are priced beyond your price range is the first way to “lose a house” – you’ll lose out on a home that you didn’t have a possibility of buying. Pre-plan for the strong chance of putting in an offer over the asking price. This could mean considering homes listed a few thousand under your budget to produce padding in your budget to make a higher offer.

4. You lose a bidding war
Quick, decisive, assertive-these tend to be necessary traits to win a bidding war. Working with Nick, Cindy & Nicholas Davis who will negotiate as your representative is an effective way to make certain you play your cards right. Remember, all is fair in love and [a bidding] war.

5. You come down with a bad case of buyer’s remorse
What’s the most apparent sign of buyer’s remorse? Cold feet. Sales contracts fall through on a regular basis because buyers back out at the last second, succumbing to the concern with this kind of life-altering decision. Keep your wits about you and rely on your gut.

6. You close too slowly
Sellers are hoping to get sales contracts through as swiftly as possible. In this particular climate of popular demand and limited inventory, residential real estate is actually a hot market. There is almost always be somebody behind you, vying for your potential future home – if you truly want it, give your very best to satisfy the seller and make things official as fast as possible.

7. Your inspections aren’t timely
Talking about closing quickly-inspections will certainly take some time. If you’re lucky, all you’ll require is one inspection. If an inspector discovers any problems, you’ll need to start making appointments with specialists to check further into the house’s issues. This is often a race against the clock, restricted by the timeframe established in the sales contract. Don’t waste a moment getting the inspections going or you may find yourself without a house to inspect.

8. Your seller isn’t pleased about their appraisal
An appraisal that comes in less than anticipated is usually taken by the seller as a personal blow. This turns out to be an issue for the buyer, too. Either the seller may become difficult or, even worse, you’ll be forced to pay the difference between the appraisal and the sales price out of pocket. Ensure that you keep communication with the seller open and diplomatic when frustrations are running high.

9. You can’t secure financing
You’re so close to the finish line-and then your mortgage application is declined. Submit an application for pre-approval so the seller recognizes that you’ll have the ability to buy their house. If you are proactive throughout the purchasing process the odds of you losing the home are significantly slimmed.

10. You don’t have an agent in your corner
Not one of the above issues are simple. Having someone in your corner who is familiar with the ropes of the home purchasing process is considered the most valuable tool in your home-buying box. Don’t go it alone-let a professional assist you with the most significant purchase of your life.

Going agent-less can leave you more susceptible to losing a home you have your eye on. Without an agent you’ll end up drowning in the details. Don’t make a bet or pick someone random-hire Nick, Cindy & Nicholas Davis with RE/MAX Premier Group. The cost of our services is $0.00 to you!

Ready to find your new home here in the Tampa Bay and Surrounding Areas? Nick, Cindy & Nicholas Davis with RE/MAX Premier Group are here to assist you with all your Real Estate Needs. We are always available at 813-300-7116.

Ways Our Family Can Help Your Family

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See All Homes For Sale in and Around Tampa Florida

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  • 12629 1st Isle, Hudson, FL
    12629 1st Isle
    Hudson, FL
    Photo of 12629 1st Isle, Hudson, FL 34667 (MLS # W7880580)
    $319,000
    • Lot Size
      6,534 sqft

    • Home Size
      1,224 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1970

    • Days on Market
      1

  • 1097 Eden Isle Boulevard NE #3, St Petersburg, FL
    1097 Eden Isle Boulevard NE #3
    St Petersburg, FL
    Photo of 1097 Eden Isle Boulevard NE #3, St Petersburg, FL 33704 (MLS # TB8444491)
    $435,000
    • Lot Size
      43,560 sqft

    • Home Size
      1,600 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1965

    • Days on Market
      1

  • 523 Spring Lakes Boulevard #523, Bradenton, FL
    523 Spring Lakes Boulevard #523
    Bradenton, FL
    Photo of 523 Spring Lakes Boulevard #523, Bradenton, FL 34210 (MLS # A4671384)
    $189,500
    • Lot Size
      5.13 ac

    • Home Size
      1,508 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1984

    • Days on Market
      1

  • 4361 Whistlewood Circle, Lakeland, FL
    4361 Whistlewood Circle
    Lakeland, FL
    Photo of 4361 Whistlewood Circle, Lakeland, FL 33811 (MLS # S5138151)
    $429,000
    • Lot Size
      6,970 sqft

    • Home Size
      2,430 sqft

    • Beds
      3 Beds

    • Baths
      3 Baths

    • Year Built
      2004

    • Days on Market
      1

  • 4823 Colonnades Circle W, Lakeland, FL
    4823 Colonnades Circle W
    Lakeland, FL
    Photo of 4823 Colonnades Circle W, Lakeland, FL 33811 (MLS # L4956860)
    $230,000
    • Lot Size
      4,792 sqft

    • Home Size
      1,196 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1987

    • Days on Market
      1

  • 17710 Pastureland Avenue, Lakewood Ranch, FL
    17710 Pastureland Avenue
    Lakewood Ranch, FL
    Photo of 17710 Pastureland Avenue, Lakewood Ranch, FL 34211 (MLS # A4671046)
    $509,900
    • Lot Size
      6,970 sqft

    • Home Size
      1,844 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      2022

    • Days on Market
      1

  • 1807 Kilpatrick Road, Nokomis, FL
    1807 Kilpatrick Road
    Nokomis, FL
    Photo of 1807 Kilpatrick Road, Nokomis, FL 34275 (MLS # N6141369)
    $95,000
    • Lot Size
      6,534 sqft

    • Home Size
      756 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1973

    • Days on Market
      1

  • 7109 Java Drive, Sarasota, FL
    7109 Java Drive
    Sarasota, FL
    Photo of 7109 Java Drive, Sarasota, FL 34241 (MLS # A4671378)
    $295,000
    • Lot Size
      7,406 sqft

    • Home Size
      1,020 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1986

    • Days on Market
      1

  • 116 Garden Lane, Sarasota, FL
    116 Garden Lane
    Sarasota, FL
    Photo of 116 Garden Lane, Sarasota, FL 34242 (MLS # A4671064)
    $2,250,000
    • Lot Size
      4,356 sqft

    • Home Size
      2,971 sqft

    • Beds
      4 Beds

    • Baths
      4 Baths

    • Year Built
      2017

    • Days on Market
      1

  • 2850 59th Street S #501, Gulfport, FL
    2850 59th Street S #501
    Gulfport, FL
    Photo of 2850 59th Street S #501, Gulfport, FL 33707 (MLS # TB8446287)
    $348,900
    • Lot Size

    • Home Size
      1,170 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1974

    • Days on Market
      1

  • 6760 29th Street S, St Petersburg, FL
    6760 29th Street S
    St Petersburg, FL
    Photo of 6760 29th Street S, St Petersburg, FL 33712 (MLS # TB8445586)
    $2,499,000
    • Lot Size
      22,652 sqft

    • Home Size
      3,699 sqft

    • Beds
      4 Beds

    • Baths
      4 Baths

    • Year Built
      1965

    • Days on Market
      1

    View Virtual Tour
  • 1920 E Edgewood Drive #S2, Lakeland, FL
    1920 E Edgewood Drive #S2
    Lakeland, FL
    Photo of 1920 E Edgewood Drive #S2, Lakeland, FL 33803 (MLS # L4957083)
    $129,000
    • Lot Size
      436 sqft

    • Home Size
      669 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

    • Year Built
      1973

    • Days on Market
      1

  • 10208 Newel Valley Loop, Riverview, FL
    10208 Newel Valley Loop
    Riverview, FL
    Photo of 10208 Newel Valley Loop, Riverview, FL 33569 (MLS # TB8442193)
    $365,000
    • Lot Size
      2,614 sqft

    • Home Size
      2,618 sqft

    • Beds
      4 Beds

    • Baths
      3 Baths

    • Year Built
      2020

    • Days on Market
      1

    View Virtual Tour
  • 11904 Wandsworth Drive, Tampa, FL
    11904 Wandsworth Drive
    Tampa, FL
    Photo of 11904 Wandsworth Drive, Tampa, FL 33626 (MLS # TB8445860)
    $850,000
    • Lot Size
      9,584 sqft

    • Home Size
      2,596 sqft

    • Beds
      4 Beds

    • Baths
      3 Baths

    • Year Built
      1994

    • Days on Market
      1

    View Virtual Tour
  • 6886 49th Avenue N, St Petersburg, FL
    6886 49th Avenue N
    St Petersburg, FL
    Photo of 6886 49th Avenue N, St Petersburg, FL 33709 (MLS # TB8446280)
    $450,000
    • Lot Size
      6,534 sqft

    • Home Size
      1,800 sqft

    • Beds
      4 Beds

    • Baths
      2 Baths

    • Year Built
      1954

    • Days on Market
      1

    View Virtual Tour

See all All Homes Around Tampa.
(all data current as of 11/8/2025)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Filed Under: 2018, Advice, Buying a home, First Time Home Buyers, Home buyers, Home buying, Home Ownership, Moving, RE/MAX, RE/MAX Agent, Real Estate Tips, Tips

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