7.
Not Thinking About Extra Costs
Let’s say you found the perfect house, have the money and the owners are ready to give you the house, what is your next step?
Most of people make this mistake frequently and forget about the extra costs of the house.
You have to think about the cost of immediate repairs, bills and insurance.
So basically if you make a loan and forget about these costs not only you will pay on the house more than you afford, but also you could have some large utility bills that boost up your monthly payments and leave you broke.