Six Mistakes Homebuyers Should Avoid

In the quest to purchase a house or condo, many home buyers get caught up in the thrill of acquiring a new home and they make potentially costly mistakes. In this article from Bradenton Herald, the author mentions the top six home buyer mistakes that should be avoided during any time of the year. Shopping for a home before homebuyers shop for a mortgage, rushing to buy a house or a condo without carefully researching the local home market in their price range, forgetting to include the two key contingency clauses, buying a home without their own buyer’s agent, not insisting on a comparative market analysis (CMA) before making a purchase offer are some of the mistakes that buyers should avoid. [Bradenton Herald, Robert J. Bruss, October 23, 2005]