First Time Home Buyer Mistakes
Posted by Jag Sidhu PREC* on
Buying a home is a big and exciting step, but it can also feel overwhelming. Many first-time buyers make mistakes that lead to financial strain, regret, or unexpected costs. To help you navigate the process smoothly, here are ten common pitfalls and how to avoid them.
1. Skipping Mortgage Pre-Approval
One of the biggest mistakes new buyers make is house hunting without a mortgage pre-approval. A pre-approval gives you a clear idea of how much you can afford, strengthens your offer in competitive markets, and prevents wasted time on homes outside your budget. Without it, you risk falling in love with a property you may not qualify for or losing out to a more prepared buyer.
2. Overextending Financially
It’s easy to be tempted by homes at…
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