How to Avoid the Six Worst Home Buying Mistakes

When is the best time to buy a home? According to Robert Bruss, a Real Estate Professional and Inman News Columnist, the best time is now. Actually, it starts around Thanksgiving all the way up to the end of the year.

But at the same time most home buyers tend to have some costly mistakes. And here are those costly mistakes:

1. Shopping for a home before shopping for a mortgage.

2. Rushing to buy a home without carefully researching the local home sales market.

3. Buying a home with an incurable defect.

4. Failing to have your own buyer's agent.

5. Not bothering to insist your buyer's agent prepare a comparative market analysis before you make your purchase offer.

6. Failing to include reasonable contingency clauses in your purchase offer.

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Written by Resty Malia
Buying a Home Foreclosures