10 Mistakes to Avoid when Buying Real Estate

Janice O’leary of the Boston Globe wrote an informative article about the 10 Mistakes  Buyers Make.  Actually, the 10 items she mentioned are some of the most common mistakes I’ve observed most property buyers make.  She explained each item in detail and gave some real life examples (including hers) for some of the items. 

Here are the 10 Mistakes to Avoid When Buying Real Estate:

1. Buying a New Home Before Selling the One You Already Owned
2. Looking Even When I’ts Time to Stop
3. Trying to Save Money by Negotiating Without a Lawyer
4. Waiting for Prices to Drop
5. Visiting Only Once and Not Knowing What’s Next Door
6. Rushing the Process
7. Not Grilling the Developers
8. Forgoing a Mortgage Contingency or a Mortage Title Insurance
9. Not Walking Away from Changes at the Closing Table
10. Seeing a Home Purchase as a Purely Financial Decision

I recently wrote a related article, Top 5 Most Common Mistakes (I’ve Witnessed) People Made in Their Real Estate Purchases that could further guide you in your buying process.

Do you have any other tips to add to the list?