5 Mistakes First Time Home Buyers Make
Buying a home can be a difficult task. Especially, if you’re buying a home for the first time. It can be as scary as it is exciting. Whether you’re looking for homes for sale in North London, Ontario, St. Thomas, Ontario, or anywhere else in Ontario, chances are that you’ll make some mistakes that you’ll regret later. However, there’s no need to worry because we’ll tell what these mistakes are and how you can avoid them. Not getting pre-approved Failing to get pre-approved is the most common mistake first time home buyers make. If you’re not pre-approved for a mortgage, you can miss out on opportunities to buy an affordable home because some other buyer got it as they were pre-approved already. 2. Talking to only one lender Although this goes without saying, some buyers still get a mortgage from the first lender they talk to which can leave thousands of dollars on the table. Buyers must shop around with at least three different lenders,