The Make No Mistakes concept began for me years ago in daily interaction with my clients and the people who came to my seminars. I found that most people had enough real estate knowledge to be dangerous. Or they relied heavily on their friends and loved ones for advice to help them through a process that they knew very little about. Most people insisted on diving headfirst into uncharted waters with unknown obstacles. As a result, they made costly mistakes during their real estate transactions.
Knowing a bit about real estate is not enough. Most people don't deal with real estate transactions on a regular basis or don't know which experts to turn to when they know they need more help. I have also witnessed people deciding to take short cuts, or tossing aside experts' advice--only to regret their choices when the outcomes were stressful, expensive or avoidable.
I believe having the right knowledge and putting it into action will make the real estate process an enjoyable one and--most importantly--one that does not cost unnecessary dollars. In fact, this knowledge will save people money. And in today's market, every penny counts!
My goal in writing this reference guide was to pass necessary knowledge on to you by providing the information, tools and checklists, which will properly drive this process to a successful and profitable conclusion.
It all starts with you. While many people are involved throughout the real estate process, you are the most important one. In reality, You are the only one who can truly look out for your best interests. And when the transaction is complete, you are the one who is ultimately responsible for the property and for paying the mortgage loan! So do your homework and make decisions that meet your needs. Use this information wisely and don't be intimidated by the complexity of the real estate business or the amount of information presented. Remember, buying real estate can be an emotional purchase and you may find yourself making compromises or decisions under pressure, which leads to costly mistakes. This reference guide will arm you with information, knowledge and checklists to help you. Don't end up like millions of people who have lost their homes--or never had one to start with--due to lack of knowledge!
This is the fourth edition of our Make No MistakesTM About ... Buying Real Estate guide. As an investor, owner of a real estate company and an investment firm, I see other people's successes and failures every day. In this reference guide, I share mistakes, stories, inside secrets and tricks of the trade. Most importantly, I hope to encourage you to take action, to educate you along the way, to give you the insight to avoid the pitfalls and to achieve huge success! It is also designed to channel my S.MA.R.T decisions about approaching the process of buying any real property as though you are an investor.