buying first home: Avoid The 4 Biggest Mistakes Made By First Time Salt Lake City Home Buyers
- 07/12/11 09:22 AM
First-time homebuyers almost always make a few mistakes when buying their home. Whether they simply paid too much, chose the wrong type of mortgage or forgot to budget for needed home improvements and repairs. Working with a trustworthy, experienced lender can help prevent such mistakes. But consumers also need to take responsibility for their budgets and choices. Following are the four biggest financial mistakes of first-time Utah homebuyers: Lenders qualify buyers based on their incomes and debt-to-income ratios without considering how much the borrowers spend on items such as transportation, savings, food and other necessities. 1. Too many first-time buyers believe (0 comments)