Mistake # 11: Buyers Who Don’t Do Their Homework – Check the Zoning

It’s important that you check the surrounding area and find out about restrictions, conditions and covenants governing the subdivision. The best surprise is no surprise, especially when it means a shopping mall or an airport are planned for just behind the home you are considering.

Similarly, you want to know if the subdivision has covenants barring you from making changes such as additions to your home or determining the colour you can paint it.

If you are looking at condominiums or a strata-titled development, ask to see the bylaws put in place by the board of directors. You may find rules you’ll be uncomfortable living with, such as restrictions on visits by the grandchildren in some adult-oriented complexes. A Buyer’s Agent would be a big help here!

That’s all for now. Stay tuned for mistake #12!

If you just can’t wait and you’d like to get the entire report revealing all 15 buyer mistakes, all in one shot, please visit my website.