A wedding is a magical, enchanting and wonderful moment. Sadly, this can turn into a nightmare for the bride and groom when deciding on purchasing their first home. Sometimes due to the emotional hype associated with the wedding, plans on purchasing a new home often lack foundation and preparation.

This type of wedding hysteria more often than not leads to five common mistakes done when deciding to purchase their first home. These mistakes are:
1. Failing to check credit prior to mortgage application.
2. Get pre-approved for a loan before choosing your home.
3. Buy the home you can afford.
4. Do not use all your money for home down payment.
5. Look at all your options before choosing.

This entry was posted on Wednesday, November 10th, 2010 at 4:46 pm and is filed under Guide. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.