7 Treacherous Home Buying Mistakes

Buying a home is one of the most exciting events in a person’s life, whether it’s the first home or the fifth one; however, it can also be one of the most stressful. Purchasing a home should be regret-free and anxiety-free.

I’ve closing thousands of loans.  Here are the top 7 common mistakes home buyers make.   Lower your stress and  focus more easily on possibly the single largest purchase of your lifetime.  Although every home and home buyer is unique, the same mistakes are repeated when making a purchase.  I share with you seven of the most common mistakes and how to avoid them.  It’s important to plan carefully for future events and how they may affect your home buying.  Plan to stay in each home for at least two years, because when you sell you want to make at least your purchase price, plus any closing costs. If the house hasn’t appreciated by 6 to 8percent (typical percentage costs associated with closing), you can lose money.

 

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