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. However, many buyers repeatedly make mistakes that can lead to avoidable costs, disappointment 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 made when buying a property and give you valuable tips on how to avoid them.

1. lack of financial planning

A common mistake is not knowing exactly what your financial options are. Without solid financial planning, buyers run the risk of being surprised by additional costs. Our recommendation: draw up a detailed cost breakdown and speak to your bank at an early stage to find out how much you can afford. We are at your side to help you with your financial planning.

2. inadequate inspection of the structural condition

It is a big mistake not to thoroughly check the structural condition and investment backlog of the property, as hidden defects such as damp, old electrics or inadequately maintained roofs can result in high costs down the line. We advise you to inspect the property carefully and to consult an expert if necessary. With our experience, we can help you identify potential problems at an early stage to avoid expensive surprises.

3. underestimation of ancillary costs

When buying a property, it is not just the purchase costs that are incurred. Many buyers underestimate the ancillary purchase costs, such as prescription fees or renovation costs. We help you to realistically estimate all the costs involved and include them in 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 to ensure that all legal aspects are clarified before you sign the purchase contract. In this way, you avoid surprises and create legal certainty.

Why should you mandate us as your real estate agent?

Buying a property can be complex and challenging. With our support, you can avoid typical mistakes, make informed decisions and ensure that the purchase process runs smoothly. Thanks to our regional expertise in St. Gallen, our network and our many years of experience, we can help you find your dream property - without any unpleasant surprises.

Trust us as your real estate agent and let us work together to make your property purchase a successful experience. Contact us today for a no-obligation consultation!