Six common mistakes first-time homebuyers make
Setting out to buy your first home is one of the more exciting parts of adulthood, often accompanied by great pride and responsibility. But all that excitement can cloud your judgment and good sense.
Setting out to buy your first home is one of the more exciting parts of adulthood. It’s often accompanied by feelings of great pride and responsibility. But sometimes all the excitement can cloud the buyer’s judgment and good sense.
First-time homebuyers may make mistakes because they just don’t have as much experience in the real estate market yet, which means oversights can happen.
Here are six common mistakes first-time homebuyers make, and how to avoid them.
About the author
Lisa is a senior editor in the personal finance space. Her work has appeared in Reader’s Digest, Toronto Life, Canadian Living and TVO. As a child, she diligently hoarded the $50 bills that fell out of her Christmas cards. Adult Lisa is working hard to resurrect those stockpiling tendencies.