Whether you’re buying your first home or your third home, there are still some very common pitfalls to avoid. Many times these mistakes are made because of ego or ignorance. However, it should be noted that working with the right REALTOR® (or team of REALTORS®) can help you avoid costly mistakes altogether.
But, for education sakes, let's go through some common mistakes that buyers can make:
- Buying the most expensive home on the block. Remember that your home is an investment. Homes within the neighbourhood escalate in value when the homes around it go up. If your home is the highest standard by which all homes are measured by, your value will increase much less than others.
- Falling in love with a house that is unattainable or out of your