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2 Comments on 10 Deadly Mistakes Buyers Make When Purchasing a Home
John, this is a terrific list for buyers to consider when purchasing a home.
I would add, selecting a lender based on a low rate rather than reputation and overall costs of the loan including all the closing costs.
Also, selecting a lender who promises a rate too good to be true who won't deliver it and will switch to a higher rate at closing or right before.
Hi Sharon,
You are definitely correct on that. Buyers think rate is everything when trust and condifence in the numbers disclosed is way more important. I just got a refinance from a past client because he went with lender with rate that was too good to be true and when he got to the table rate was 0.5% higher than he was quoted. Lucky he was smart enough not to sign and called me as he was leaving attorney office apolizing and asking if I could still help him refinance.
John