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Common Regrets for First-Time Homeowners in Irvine, CA

Things First-Time Homeowners Commonly Regret

By , 9:00 am on

Buying a home for the first time can be exciting and fun, but it can also come with a few downsides. First-time homeowners often wish they had done a few things differently during the home buying process. Try to avoid ending up with the following regrets after you get your first house for sale in Irvine, CA.

Getting the Wrong Type of Yard

A surprisingly high number of homeowners claim they regret the yard they picked, but not everyone agrees about what makes a bad yard. Some first-time buyers wish they had picked a larger yard, while others wish they had selected a yard that was easier to maintain. To avoid these regrets, carefully think about how much time you’ll spend in the yard and consider how much effort you’re willing to put into maintenance.

Selecting a Home That’s Too Expensive

Homeowners who get caught up in a bidding war or mistakenly think they need certain luxuries may find themselves in a tight spot once they close on the home. Having a house that is too expensive for your finances could add a lot of stress and worry to your daily life. Make sure to consider the mortgage, taxes, maintenance, and other fees, and aim for a house that will not require more than a third of your income each year.

Choosing the Wrong Neighborhood

No matter how great the house itself is, your experience living there may be unpleasant if you don’t like the neighborhood. Take the time to visit the area at various times of day throughout the week and weekend, and walk or drive around the region. See how long it will take you to commute during the hours you’ll be driving, and see if grocery stores and other conveniences are nearby. Also consider the parking situation throughout the neighborhood to see if it will be inconvenient for you and your guests.

Picking a House That Needs Renovations

A lot of first-time homebuyers go with a fixer-upper because they want to save money and think renovations will be quick and simple. However, many of these people learn that updating and remodeling a house can be an exhausting and lengthy endeavor. Try to avoid biting off more than you can chew, and look for homes that will not need anything more than small cosmetic changes.

Ignoring an Inconvenient Floor Plan

First-time homebuyers tend to prioritize overall square footage and the number of bedrooms and bathrooms, and they often gravitate toward homes that have a layout similar to their childhood home. However, these types of outdated floor plans can be rather inconvenient for the modern lifestyle. Many new buyers wish they had gone with an open floor plan with more kitchen and living room space.

No one wants to regret where they’ve chosen to purchase real estate. Irvine, CA, is an amazing city to live in for a variety of reasons. If you’re looking for a house, townhome, or condo in Irvine, get in touch with one of the friendly agents at Irvine Residential Living. Call 714-454-6304 to begin your search.

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