Real estate can be one of the best ways to build wealth—but one misstep can cost you thousands. Whether you’re a buyer, seller, or investor, understanding common pitfalls can save time, money, and stress. In this guide, the TJS Team, led by Tina Jingru Sui, shares a real-world example of a $10,000 mistake—and how you can avoid it when buying or selling in Atlanta, Duluth, Suwanee, Dacula, Buford, Alpharetta, and Johns Creek.
The $10,000 Mistake: What Went Wrong
Imagine finding the perfect home in Alpharetta. The price is right, the neighborhood is great, and everything seems perfect. But one decision leads to an unexpected $10,000 hit. Here are the most common pitfalls that can cost you big:
1. Skipping the Home Inspection – A Costly Gamble
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Always get a professional home inspection.
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If the market is competitive, consider a pre-offer walkthrough with a contractor.
TJS Team Insight: A home inspection costs a few hundred dollars but can save you tens of thousands later.
2. Overpaying in a Bidding War
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Stick to your budget limits.
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Include an appraisal contingency in your offer.
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Work with an agent who knows market values.
TJS Team Insight: Emotions can drive overpaying—don’t let excitement cost you equity.
3. Choosing the Wrong Mortgage
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Compare rates from multiple lenders.
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Understand loan types (FHA, VA, conventional).
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Lock in a low rate when possible.
TJS Team Insight: Even a 0.5% rate difference can add up to thousands over a mortgage.
4. Selling Too Soon & Losing Money
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Hold your property 3–5 years to build equity.
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Price strategically based on market trends.
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Work with an expert to time your sale.
TJS Team Insight: Selling too soon can leave you underwater—long-term planning pays off.
5. Not Hiring the Right Real Estate Agent
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Hire a proven real estate expert.
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Ensure your agent has strong marketing and negotiation skills.
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Leverage their network and experience for the best deal.
TJS Team Insight: Experienced agents typically sell homes faster and for more money than FSBO listings.
How the TJS Team Can Help
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Expert Negotiation – Avoid overpaying or underselling.
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Market Knowledge – Time your purchase or sale for maximum profit.
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Proven Strategies – Steer clear of costly pitfalls every step of the way.
Don’t Lose $10,000 – Work with the TJS Team!
Real estate mistakes can be expensive—but working with the right team saves you time, money, and stress. Whether buying, selling, or investing, the TJS Team, led by Tina Jingru Sui, is here to guide you in Atlanta, Duluth, Suwanee, Dacula, Buford, Alpharetta, and Johns Creek.
