7 Costly First-Time Homebuyer Mistakes to Avoid in 2025

By Scott Lehr PA | September 25, 2024 | Buyer Resources

The 7 Deadly Sins of First-Time Buying

1. Skipping Pre-Approval: 68% of rejected offers lack proper financing proof
2. Ignoring Hidden Costs: Average $8,450 in unexpected closing fees
3. Falling for “Pretty” Over Practical: Emotional vs. structural decisions
4. Neglecting Neighborhood Research: School districts & resale value
5. Waiving Inspections: 42% of waived inspections lead to $15K+ repairs
6. Overlooking Future Needs: 3-year lifestyle projection
7. Going Solo Without Representation: Agent-less buyers pay 3.2% more

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