Common Mistakes First-Time Homebuyers Make
Buying your first home is exciting, but it’s easy to make mistakes that cost time, stress, or money. Here are some of the most common ones:
- Not getting pre-approved first – Shopping for a home without knowing your budget can waste time and lead to disappointment.
- Ignoring your credit score – A low score can mean higher interest rates or even disqualification from some programs.
- Underestimating costs – Down payment, closing costs, property taxes, insurance, and maintenance add up fast.
- Skipping a home inspection – This can lead to costly surprises after you move in.
- Overbuying – Falling in love with a home that stretches your budget too thin is risky.
- Not exploring grants or first-time buyer programs – Many buyers leave money on the table for down payment assistance or tax credits.
- Making major financial changes – Don’t open new credit cards, quit your job, or make big purchases before closing.
At Trealtorr, we guide you through every step so you avoid these mistakes: from checking your credit, to finding grants, to matching you with the right lender.
📲 Call or text us today at +1 (347) 831-6085 we’ll help you avoid costly mistakes and make your first home purchase smooth and stress-free.