10 deadly mistakes

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 Preapproval will make your life easier, so take the time to speak with a lender. Their specific questions in regard to income, debt, etc., will help determine the price range you can afford. Most sellers will not accept an offer without a preapproval letter from your lender.

Trying to save money today can end up costing you tomorrow. A qualified home inspector will detect issues that buyers can overlook.

Many homes listed in magazines or on the internet have already been sold. Your best course of action is to contact a Realtor. They have up-to-date information which is unavailable to the general public and are the best resource to help you find the home you want.

Making a connection with the right Realtor is crucial. Choose a professional who is dedicated to serving your needs-before, during and after the sale.

Buying a home is a process of elimination, not selection. New properties arrive on the market daily, so be open to all possibilities. 

It is important to think ahead. Will the home suit your needs 3-5 years from now?

Purchase adequate insurance. Advice from an insurance agent can provide you with answers to any concerns you may have.

This is essentially a mini insurance policy that usually lasts one year from the close of escrow. It usually covers basic repairs you may encounter and can be purchased for a nominal fee. Talk to your agent to help you find the protection plan you need.

Early in the buying process, ask your lender for an estimate of closing costs. Title company and attorney fees should be considered. Pre-paid responsibilities such as Homeowner Association fees and insurance must also be taken into account. Remember to examine your settlement statement prior to closing.

Buyers should make a list of any concerns they have relating to issues such as; crime rates, schools, power lines, neighbors, environmental conditions, etc. Be diligent so that you can have confidence in your purchase.