Mistakes First-Time Home Buyers Make

Buying Real Estate
This video goes over the mental challenges of the home loan process, especially for a first time home buyer. Many encounter financial stress and make first time home buyer mistakes because they lack financial education. It is important to understand the mortgage process.

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00:00 Introduction
00:41 Mistake #1: Letting Emotions Drive Your Offer
02:05 How to Analyze a House Before You Fall in Love With It
03:08 Mistake #2: Not Knowing When to Walk Away
05:32 Mistake #3: Letting Agents and Lenders Lead You
07:13 Qualifying vs. Affordability (The Real Math)
09:06 How to Come In From a Position of Power
10:10 Closing Thoughts

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