3 Biggest Mistakes 1st Time Home Buyers Make
Carla Cornick
Lic NJ Realtor | Exhibiting 2D & Textile Artist | Fundraising Director, Rotary Club of Haddonfield | Building Connections, Empowering Communities
Navigating today’s real estate market in New Jersey can be challenging, especially with rising rates and market shifts. Unfortunately, many buyers make avoidable mistakes that cost them time, money, and opportunities. Here are the top three mistakes I see—and how to avoid them:
1. Trusting Zillow Over Professional Advice
While online tools like Zillow are convenient, their pricing estimates often miss the mark. Relying on these numbers instead of a professional market analysis can lead to overpaying for a home or losing out on a great deal. Always consult a trusted real estate agent to understand true market value.
2. Skipping Mortgage Pre-Approval
In a competitive market, having a pre-approval letter is critical. Without it, your offer may not be taken seriously, and you risk delays that could cost you the home. Start the financing process early to strengthen your position.
3. Underestimating the Total Costs of Homeownership
Many buyers focus only on the purchase price, forgetting about closing costs, property taxes, and future repairs. In today’s market, higher interest rates add even more financial strain. Budget for the full picture to avoid surprises.
Buying a home is a major investment. Avoiding these pitfalls will ensure a smoother, more successful process. If you’re ready to take the next step, let’s connect—I’d love to help you make informed, confident decisions!