Common mistakes that first time home buyers make

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Attention all first time home buyers: Congrats! Homeownership is a major milestone in anyone’s life, and this market – while on the upswing and still getting better every day – is not the easiest to get around in. So if you’re venturing to buy your very first home, that’s something worth congratulating!

But house hunting can be a trying and tedious process, with plenty of pitfalls that can screw up your chances if you’re not careful. U.S. News & World Report has compiled a list of some of the most common mistakes that first time buyers may end up making, and we’ve highlighted just a couple of them here:

  • Looking for your “dream home” before getting loan approval: Before you do anything, talk to a mortgage lender first about what you can realistically afford, and then base your search around that. Finding your dream home only to learn that it’s way out of your price range isn’t just disappointing, it’s also a waste of your time.
  • Making a decision on emotions: Sure, you may love the design of the house you found or the size of its backyard, but don’t let those feelings turn your attention away from moldy walls or leaky ceilings. Make a pros and cons list to logically weigh all the benefits and drawbacks.

If you’re looking for houses in Salt Lake City but need some help in the home-buying process, reach out to us today! A Salt Lake City real estate agent at the Muve Real Estate Group can help you comb through all of the available homes for sale and find the one that fits you best!