Buying your first home without regrets: 24 mistakes to avoid
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Minimize some of the roadblocks along the path to happy homeownership
BY SHARRON ST. JOHN TODAY 2:30 A.M.
First-time homebuyers make mistakes going into the homebuying process, throughout the process and even after they purchase a new home. Because they’ve never done it before! Here are 24 mistakes that I’ve observed and some tips on how to help rookie buyers avoid making them.
Pre-purchase mistakes:
Not knowing their true budget. Homebuyers should crunch their monthly numbers and know exactly what they can afford to pay each month toward their new home. No matter what their lender approves, they should stick to their determined budget. Not considering all expenses. Aside from the purchase costs, HOA fees and monthly payments, which real…
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