6 common mistakes to avoid when buying a home

Here are mistakes that all prospective home buyers should avoid no matter where they reside.

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Not getting pre-approval

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Not making housing a priority

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Not lining up your money first

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Not letting a lender check your credit

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6 common mistakes to avoid when buying a home

Here are mistakes that all prospective home buyers should avoid no matter where they reside.

Not getting pre-approval

Getting pre-approved by a local lender is huge. The last thing you want is to find a dream home without approval on a loan.

Not making housing a priority

Buying a house is going to be the largest transaction of your life, and its impact extends to your lender and your family.

Not lining up your money first

If you’re lucky enough to receive gift money for purchasing a house, receive it up front if possible.

Not letting a lender check your credit

Unless you have the cash for a home lying around, your lender has to pull your credit report.

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Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.

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