1. Not researching the neighborhood: It’s easy to get swept away by the appeal of a property, but it’s important to make sure you research the neighborhood as well. Make sure to check out the schools, amenities, crime rates, and other factors that could affect your quality of life.
2. Not getting a home inspection: It’s important to get a home inspection before purchasing a property. This can save you from potentially costly repairs, and alert you to any major issues with the property before you commit to it.
3. Not understanding the total costs involved: In addition to the purchase price, there are other costs associated with buying a property such as taxes, insurance, and closing costs. Make sure you understand all of the costs involved in the purchase before signing on the dotted line.
4. Not asking enough questions: Don’t be afraid to ask questions of your real estate agent or the seller. Make sure you understand the details of the purchase, and that all of your questions are answered before committing.
5. Not getting pre-approved: Before making an offer on a property, make sure you are pre-approved for a mortgage