The 5 Mistakes People Make When Buying a Home

Mistake #1

Not knowing how much they can afford before they make an offer.
Not getting pre-approved by a lender so they know how much they can afford.

Mistake #2

Not realizing whom the real estate agent represents. Most people think that the agent they are working with is working for them. But unless they are working as a buyer-broker, they represent the seller.

Mistake #3

Not realizing that the wrong mortgage can cost thousands of dollars in needless interest and taxes.

Mistake #4

Not discovering hidden defects before they buy a home. Always get a professional home inspection.

Mistake #5

Not knowing how much “credit” can affect their ability to buy a home. A mortgage professional can help prepare your credit file in advance.