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2. Spending Too Much
It’s important to be realistic about what you can afford. The final sale
price isn’t the only cost to take into account when owning a home.
Houses come with plenty of bills like heating and property taxes, future
renovations and occasional unforeseen costs like burst pipes or city
trees needing to be trimmed

3. Look closely at what developments
or infrastructure is planned around
the area.

4. Not Doing Your Research
Blindly buying a home can be a big mistake. Whether you’re
paying too much attention to your realtor and family “who just
LOVE the place!” or are feeling the pressure to make a quick buy,
moving into a house that hasn’t been thoroughly vetted can be a
big, expensive, regretful mistake

5. Grab a coffee or a meal in your
‘new’ suburb. Pretend you
already live there to get the feel.

6. Buying With Your Heart
Sure the house is gorgeous, fully renovated and painted your favourite
shade of cream and has an ensuite bathroom for every bedroom. But it’s
on a busy road and you have three young kids and two cats who like to run
outside.
Be smart! Visit the house at least twice (you’d be surprised at how your
opinion can change on a second and third visit) and think critically. Go
through every aspect of the house, every room, every floor, its location
and neighbourhood and really try to picture yourselves in the house for
years down the road.

7. Spending Too Little
Yes, this can also be a mistake! If you spend too little on a home that you’ll
outgrow quickly, you’ll incur the expense of moving (which can be quite
pricey) perhaps before you need to.
What you can do about it: Think ahead. Are you planning on starting a family
soon? Will you outgrow the house? Perhaps stretching your money a little bit
to stay in a house for longer is a more sound financial decision