16 Common Mistakes Made By Home Buyers
1. Not getting fully approved by a lender or bank before going out to look at homes for sale.
2. Not having a recent loan approval letter.
3. Co-signing for someone else’s loan.
4. Making a large purchase while in the process of buying a home (car, furniture, etc.).
5. Thinking that you have to see everything on the market before making a decision to buy a particular home or property.
6. Not realizing that you can find the perfect home on the first day.
7. Not knowing your credit score.
8. Not knowing how your credit score will affect your ability to purchase a home or affect the loan you are getting.
9. Going to new construction homes or a for sale by owner home without your agent.
10. Not getting a home inspection.
11. Working with multiple agents - each person adds more time to the process.
12. Not telling your agent exactly what you ‘do want’ and ‘don’t want’ in a home.
13. Using an agent who is acting as a dual agent.
14. Not shopping around for the best loan.
15. Letting more than one lender pull your credit.
16. Waiting to long to make a decision about a home you do like.
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