The most common mistakes when buying real estate and how to avoid them

Buying a property is one of the biggest financial decisions in life. But many buyers repeatedly make mistakes that can lead to avoidable costs, disappointments, or long-term problems. As experienced real estate agents, we want to help you avoid these pitfalls. Below, we have listed the most common mistakes when buying real estate and give you valuable tips on how to avoid them.

1. Lack of financial planning

A common mistake is not knowing exactly your own financial capabilities. Without solid financial planning, buyers run the risk of being surprised by additional costs. Our recommendation: Prepare a detailed cost statement and talk to your bank early on to know how much you can afford. We are here to help you with financial planning.

2. Inadequate examination of the structural condition

It is a major mistake not to thoroughly check the structural condition and investment backlog of the property. Hidden defects such as moisture, old electrical systems or insufficiently maintained roofs can result in high costs. We advise you to carefully inspect the property and call in an appraiser if necessary. With our experience, we can help you identify potential problems early on in order to avoid expensive surprises.

3. Underestimation of ancillary costs

When buying a property, you not only have to pay for the purchase. Many buyers underestimate ancillary purchase costs, such as prescription fees or renovation costs. We help you to realistically estimate all costs and incorporate them into your planning, so that you have clarity about your financial burden right from the start.

4. Overlooking legal aspects

Legal errors can have serious consequences. Buyers often underestimate the importance of land register entries, building rights or contaminated sites. As real estate agents, we work closely with land registries and lawyers and ensure that all legal aspects are clarified before you sign the purchase contract. In this way, you avoid surprises and create legal security.

Why should you hire us as a real estate agent?

Buying real estate can be complex and challenging. With our support, you can avoid typical mistakes, make well-founded decisions and play it safe that the purchase process runs smoothly. Through our regional expertise InSt. Gallen, our network and our many years of experience will help you find your dream property — without unpleasant surprises.

Trust us as your real estate agent and let us make buying a property a successful experience together. Contact us today for a non-binding consultation!