Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Common Mistakes Homebuyers Make?
Some common mistakes that homebuyers make include:
1.Not getting pre-approved for a mortgage before shopping for a home
2.Failing to consider the long-term costs of homeownership, such as property taxes and maintenance expenses.
3.Not having a clear idea of their own needs and wants in a home.
4.Not shopping around for the best mortgage rate and terms
5.Failing to get a home inspection before purchasing.
6.Not having a contingency plan for unexpected expenses
7.Not considering the location and potential for appreciation
8.Focusing too much on the short-term and not thinking about the long-term potential of the property
9.Not having a realistic budget and overstretching financially to buy a home.
10.Not working with a real estate agent or not finding the right one who can guide through the process.