What are the common mistakes to avoid when buying a house?

Not setting a realistic budget: One of the most common mistakes when buying a home is not setting a realistic budget. Here are the key aspects to consider: Evaluate your finances: Analyze your income, expenses, and existing debts to determine how much you can allocate toward mortgage payments and property-related expenses. Consider the additional costs: Remember to include closing costs, property taxes, insurance, and maintenance expenses in your budget. Not getting a mortgage pre-approval: Another common mistake is not getting a mortgage pre-approval before starting your home search. Here is the importance of this step: Know your purchasing capacity: A mortgage pre-approval gives you accurate information about the maximum amount you can spend on a property, helping you focus your search on realistic options. Improve your negotiating power: By having a mortgage pre-approval, you become a more attractive buyer for sellers, since you demonstrate seriousness and ability to obtain financing.