Biggest Mistakes Buyers are Making Today
Buyers face challenges in any market – and today’s is no different. With higher mortgage rates and rising prices , plus the limited supply of homes for sale , there’s a lot to consider. But, there’s one way to avoid getting tripped up – and that’s leaning on a real estate agent “ When you expect to find the perfect home, you could prolong the homebuying process by holding out for something better. Or you could end up paying more for a home just because it meets all your needs.” Instead, look for something that has most of your must-haves and good bones where you can add anything else you may need down the line. Buying More House Than You Can Afford With today’s mortgage rates and home prices, there’s no arguing it’s expensive to buy a home. And while it may be tempting to stretch your finances a bit further than you’re comfortable with to make sure you get the house, you want to avoid overextending your budget. Make sure you talk to your agent about how changing mortgage rate
