Buying a house is one of those harder decisions that we have to make in life.
But hard or not, it is totally possible to navigate through the whole procedure as long as you know what kind of challenge you are up against.
Well for starters, you need to understand that most people do indeed find it hard to separate emotional matters from those of buying a house.
You might come across your first house and find that it is just too good and you get attached.
That is the mistake number one that you need to steer clear of.
As much as a mortgage might come in to save the day, you do need to save.
When it comes to buying a house, there are so many unforeseen expenses and the best thing that you actually can do is to save in advance to cater for any arising need.
You might not be able to settle the whole payment instantly, but it helps when you know that all other expenses, including those for furnishing your new home and moving some of the assets that you already have is available.
And you cannot exhaust all your savings as that would be considered unwise.
Getting an inspection is mandatory.
It becomes of use during the negotiation period when you are establishing just how much you will pay for the house.
When you find out about a faulty area or two in the house, you are warranted to ask for a lower price quote because you will cater for all repairs done.
Getting pre-approved for mortgage always gives you an edge.
It's a kind of proof and gives the owner the benefit of the doubt that you will be able to meet the housing cost.
It also entitles you to a lower price than one without the pre-approval.