Buying your FIRST HOME it is a very emotional process for most of homebuyers. However, don’t allow your emotions to get the best of you! You may fall into a number of common and high costly home buyer’s mistakes.
It’s important to keep your emotions in check to make the best possible decision. Once you’ve fallen in love with a particular home, it maybe hard to go back. Avoid the temptation to get in over your head financially, or the disappointment of feeling like you’re settling for less than you deserve. Start your search at the low-end of your price range, and see what home will satisfy your priorities.
Even when you have a long list of must-haves, there are probably several homes out there that can meet your needs. Be open-minded, so you don’t run away from good deals. However, don’t buy a fixer-upper that’s more than you can handle in terms of time, money or ability, and definitely out of your budget. If you have been looking for a while, and still not seeing anything you like, don’t get desperate by overbidding excessively to get into your new house.