Before you set out to buy a home make sure that you do not make the three major mistakes that many buyers regret later on; refusing to confide in a trusted advisor, altering the financial picture prior to closing, and buying the wrong house .These mistakes have great consequences and can last for a long period of time. In order to prevent you from making the same mistakes, the importance of all three factors is discussed below.

Some buyers will refuse to give out important information. Unfortunately this lack of communication becomes evident when it is too late. At times the buyer may not be aware that they in fact are not sharing information that could be beneficial to the Agent. However, sometimes some buyers fear how this information will be perceived by the agent. Buyers need to know that the agent has probably heard it all. As a result they should not feel ashamed to share their thoughts on any matter even if they are backing out of a transaction. For example, once your Ajax realtor knows that you are contemplating your purchase, they can help determine if you do indeed need to cancel and will actually manage the transaction so that you can get your deposit back. Other buyers will not confide in their agent due to a lack of confidence. Alternatively, some buyers think that agents have all the answers. The next big mistake is financial optimism.

Buyers will often right after they qualify for a mortgage, finance other big purchases. What buyers do not realize is that these purchases will affect their credit ratios. Some may not qualify after buying other big ticket items. Once you complete a loan application you should not buy anything else on credit, meaning that; car, washer, expensive electronics, lawnmower, and even furniture purchase will have to wait a little while longer. Event purchasing the wrong house is a mistake that is made too often.

Many buyers will let their emotions do the picking. Often they will fall in love with houses that do not meet their needs or homes that are too expensive. Buyers need to make a list of features and benefits that are most important to them. Furthermore, they should make a list of other priorities not relating to the home purchase. These lists should be followed religiously and if certain items are overlooked they run the risk of paying for their negligence. For example, a family purchased a home with one bathroom because they fell in love with it, even though they were looking for a two bathroom home. Within a year of living in the one bathroom home they figured that it was not manageable, and they lost money on the resale, plus it cost more to buy the two bathroom home.