The 5 Dumbest Mistakes People Make When Buying a House & How to Avoid Them

Michele Fritz

If you’re new to the home-buying process, or it has been quite a while since you’ve done this, a lot of the procedures, paperwork and to-do lists can be intimidating and exhausting.  Don’t add additional stress to your life by making these five major mistakes that home buyers consistently make.

  1. Not knowing how much you can afford to pay for a house before you make an offer. Talk about a huge hassle.  Let’s say the seller accepts this offer, only for you to find out that you cannot get approved for the loan amount you’re asking.  Now you just made the seller and realtor angry, not to mention you wasted everybody’s time.  Most of the time, a seller won’t seriously consider an offer from a buyer who isn’t pre-approved for a loan – it’s like an empty offer.  Avoid this mistake by going to a lender and getting pre-qualified for…

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