Buying a home can be as exciting as it is overwhelming. Two real-estate experts share their insights into all-too-common house-buying mistakes.Not being pre-approved for a mortgage
“This is the number-one mistake,” says Kimberley Marr, a Toronto real-estate broker and author of Your First Home—A Buyer’s Kit for Condos and Houses. “I wouldn’t even go look at a house until you know what you’re preapproved for. It’s a benefit when you’re putting in an offer, especially in a multiple-bid offer, being able to provide written proof to sellers that you can complete this transaction. It could provide leverage in getting the house.”
Home buyers mistakes: Top real estate traps to avoid
