Buying your first home is a huge milestone—exciting, emotional... and yeah, sometimes overwhelming.
A lot of first-time buyers make the same mistakes simply because no one taught them what to look out for. So if you're thinking about buying a home, read this before you dive in. It could save you money, stress, and a whole lot of headaches.
Here are the top 10 mistakes first-time buyers make—and how to avoid them like a pro:
1. Falling in love with homes you can’t actually afford
It’s easy to get carried away scrolling through dream homes on internet.
What to do instead: Get prequalified so you know exactly what price range fits your budget before you start looking.
2. Ignoring your credit score
Your credit score = your buying power. A low score means higher rates = more money out of your pocket.
What to do instead: Check your credit early and take care of any issues ahead of time.
3. Skipping the pre-approval
Sellers take you more seriously when you’re pre-approved. Without it, your offer might not even get considered.
What to do instead: Get pre-approved by a lender before house hunting—it shows you mean business.
4. Trying to go it alone
Real estate is tricky. Contracts, negotiations, hidden fees… it’s a lot.
What to do instead: Partner with a real estate pro who’s got your back and knows the game.
5. Forgetting about closing costs
Down payment? Check. But what about taxes, insurance, inspections, title fees?
What to do instead: Plan for 2–5% of the home price for closing costs.
6. Skipping the home inspection
That cute house might be hiding a leaky roof or busted plumbing.
What to do instead: Always, always get a professional home inspection before closing.
7. Getting attached too fast
You see one house and you’re ready to sign? Slow down.
What to do instead: Shop around, compare options, and don’t rush into a decision.
8. Only thinking short-term
Will this home still fit your life in 5 years? Kids? Remote work? Commute?
What to do instead: Think long-term before locking into a location or layout.
9. Underestimating monthly costs
Mortgage is just the beginning. Add utilities, repairs, maintenance, maybe even HOA fees.
What to do instead: Build a full monthly budget with everything included so there are no surprises.
10. Not asking for help
Google’s great, but it’s not a substitute for real advice from real people.
What to do instead: Build your squad—a realtor, lender, inspector, and someone who knows the paperwork.
Want to skip the stress and buy with confidence?
Give me a call and let’s make your dream home a reality. I’ll guide you every step of the way.
Denis Quiñonez
+1 (323) 252-0216
President – THE INFINITY GROUP
CENTURY 21 | Associate Broker