Buying a home is a major purchase! You’ve saved, saved, and then saved again for that down payment on your first home purchase. You’ve read countless articles on how to select an agent, you’ve toured several communities, and even spent hours online doing research. You feel more prepared than ever, and now you’re finally ready to start thinking about making that piece of the “American Dream” a reality. But wait, before you make what will arguably be the most expensive purchase in your lifetime, make sure you avoid some common mistakes that, in the end, could save you some serious money and frustration. Here are five mistakes you’ll want to know you navigated around, as you pop open that bottle of bubbly in celebration of your first home purchase.
# 1. Not checking your credit report and score
# 2. Not getting pre-approved
# 3. Not creating a long-term budget
# 4. Forgetting about the hidden costs
# 5. Not researching your neighborhood
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(Article reprinted from ONE Realty One Group blog)