Buying a home can be stressful and will probably be the biggest descision you'll ever make! Here's our list of the top 10 mistakes when buying a home:
- Not planning on staying at least 3 years
- Not "shoring up" your credit
- Buying more than you can afford
- Too small a down payment
- Not consulting with a Realtor®
- Not understanding points and rates
- Unfamiliarity with area schools
- Bidding before seeing a property CMA
- Not shopping interest rates
- Closing without a home inspection
Other common mistakes include acting to quickly, lack of proper buyer representation, re-sale considerations and more. If you want to know more buyer mistakes, give us a call and we can put you in touch with specialist for your area. Fort Myers Mortgage Brokers, Cape Coral Mortgage Brokers and Naples Mortgage Brokers.
Don't forget to check out the local schools before buying your home. Even if you don't have children attending school you'll want to make sure your home value is protected.