COMMON HOME BUYER MISTAKES •
Going over budget – just because you qualify doesn’t mean you can afford the monthly payments, plus all your other ongoing costs.
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Overlooking the importance of location – loving the house will not be enough.
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Not pre-qualifying for a mortgage.
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Not shopping for the most suitable mortgage to match your requirements.
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Not understanding all the terms and conditions: interest rates, length of contracts, mortgage types and rates, etc., before selecting your mortgage.
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Buying a new home before you've sold your old home.
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Not understanding the true costs associated with buying your home.
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Not using professionals to assist in all aspects of your home purchase, including a mortgage advisor, home inspector, lawyer, notary, and/or a moving company.
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