“"It was an absolute failure. I signed a detrimental mortgage, practically for life, and bought a house without truly understanding what I was doing. No one explained things well to me. Everyone tried to sell me their own interests, from a real estate agency that defended the seller to a bank that offered a profitable mortgage for them, but without transparency for me. That's when I understood something important: in the real estate sector, everything is very well set up to sell, but the buyer is the one who risks the most and is usually alone."
Tips for Buying a Home Without Mistakes in a Competitive Market
A free talk in San Vicente del Raspeig will offer guidance on the buying phases and common pitfalls for future homeowners.
By Vicent Garcia Beltran
••3 min read
IA
Generic image of a hand holding a house key, with residential buildings in the background.
Purchasing a home is one of the most significant and complex financial decisions, especially in a market with less supply and increased investor pressure, where proper advice becomes crucial.
A real estate expert, whose personal experience led him to dedicate himself to advising, will offer a free talk next Thursday, May 7, from 6 PM to 7 PM, in San Vicente del Raspeig (Villa Universitaria). The event is aimed at individuals looking to acquire a home to live in and who wish to avoid common mistakes in the process.
During the talk, the five phases of the home buying process will be detailed, with an emphasis on the most frequent errors committed. The objective is for attendees to make more secure and informed decisions in a transaction as significant as buying a home.
The expert emphasizes the importance of differentiating between the process of finding a house and buying it. Many people do not prepare adequately in the first phase, without clearly understanding their financial limits, what the bank will grant them, or if the ideal home they are looking for actually exists in the market. It is crucial to define priorities and concessions, a process that requires time and, often, the accompaniment of a professional.
Furthermore, it is highlighted that relying exclusively on real estate portals can lead to missed opportunities, especially in competitive markets like Alicante, where one competes with investors and foreign buyers with high purchasing power. Once a home is found, it is essential to verify all necessary aspects, as one in five people who buy a home ends up regretting it. Technical, urban planning, and neighborhood inspections are as important as reviewing the simple note and charges.
The figure of the real estate personal shopper, which is already more established in cities like Madrid or Barcelona, is expected to consolidate in the coming years. This service aims to accompany the buyer throughout the process, minimizing risks and ensuring that the decision to acquire a home, which cannot be easily rectified, is the most appropriate.



