First time buyer mistakes to avoid
You do not need to be perfect to buy a home. Avoid these common traps and your search and closing will be much calmer.
Mistakes that raise the payment
- Ignoring taxes, HOA, and insurance in your budget.
- Opening new credit or large purchases before closing.
- Skipping quotes for flood, wind, or condo insurance.
Mistakes that slow or risk closing
- Missing contract timelines for inspections and loan approval.
- Weak pre approval or choosing the wrong loan type for your profile.
- Asking for cosmetic fixes rather than safety and system items.
Simple wins
- Get a strong pre approval and price range before touring.
- Use a clear checklist for showings and inspection priorities.
- Keep your finances quiet until the keys are in hand.