TOP 10 MISTAKES First-time home buyers make

Published by The HomeHero Team on July 28th, 2021

What you need to know

Homebuying can be a complex process. There are many things going on and it's easy to miss on something...ending up with costly mistakes.

This doesn't have to happen to you.

TOP 10 MISTAKES First-time home buyers make

1. Buying a house that sucks up all your cash
2. Looking for a home before applying for a mortgage
3. Talking to only one lender
4. Moving too fast
5. Ending up without reserves (savings to rely on)
6. No getting the Credit Score ready
7. Not focusing on the right location (location, location, location)
8. Making decisions based on emotions
9. Assuming you need a 20 percent down payment
10. Miscalculation of the hidden costs of homeownership

There you have it. If you have any questions, stories, or tips to help others avoid costly mistakes, send us a shout at juan@myhomehero.io