Found 1 blog entry tagged as Home Buying Mistakes.

homebuying mistakes

First-time Foibles: Don't Make These Homebuying Mistakes

Real estate transactions are a big deal, and most of us don't complete that many over our lifetimes. It's easy to make a mistake, and mistakes can be very expensive. Here are five big bullets to dodge.

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Mistake #1: Buying Because You "Should"

Buying a home because you've hit some magic age in which you're supposed to be grown up and responsible, or because it's the "American Dream," is just a bad idea.

You should buy a home when you're ready, and not before. If your career requires frequent moves, for instance, homeownership may be a poor investment. It just costs too much to sell a home and buy a new one, over and over.

If you're not…

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