5 Costly Mistakes Home Buyers Make.

Mistake #1Not knowing what they can afford before making an offer.

The best way to avoid this is to get pre-approved for a mortgage so you know exactly how much you can afford. Usually pre-approvals are free.


Mistake #2Not knowing who the agent represents.

Unless an agent is working as your buyer representative, they represent the seller. Many people don't realize this.


Mistake #3Choosing the wrong mortgage.

A bad mortgage can cost you thousands in taxes and interest. Consult an accountant before you choose your mortgage.


Mistake #4Not finding problems with the home before buying it.

You should always have a professional inspector look at the home before buying it, otherwise you could be looking at huge repair costs later on. Read this guide to avoiding a money pit.


Mistake #5Not understanding how their credit can impact their ability to purchase or refinance a home.

Get a mortgage professional to help you go over and prepare your credit file before you buy a home.

Get In Touch

Grant Crawford

Mobile: 705.927.3206

Phone: 705.743.7355

Email

Office Info

Mincom Kawartha Lakes Realty Inc. Brokerage

2-999 Lansdowne St. West  Peterborough ,  On  K9J 8N2 

Stay Connected