It’s easy to get caught up in the emotions of buying a house, but that can sometimes lead to overlooking some important details. Here are a few oversights that can cause disappointment:

• Not shopping around and getting pre-approval for a mortgage; your offer could be rejected, or worse, you could lose your deposit and face legal consequences.
• Not hiring a REALTOR® to help you navigate the homebuying and selling process and negotiate on your behalf.
• Buying based on the staging, instead of ensuring key structural elements are in good condition, such as the roof and foundation.
• Skipping a home inspection can leave you at risk for costly repairs or hidden safety hazards you were unaware of.
• Neglecting to research the neighbourhood could mean ending up in an area that doesn’t match your lifestyle or family’s needs.
• Not budgeting for all closing and household costs, leaving you cash-strapped.

Ultimately, you will make a better buying decision when it’s based on facts, rather than driven by emotion.