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Buying a home without a professional inspection.
Unless you are buying a new house with warranties on most equipment, it is highly recommended that you get a property inspection, a roof inspection and a termite inspection. This way, you will know what you are buying. Inspection reports are great negotiating tools when it comes to asking the seller to make repairs. If a professional home inspector states that certain repairs need to be done, the seller is more likely to agree to do them. If the seller agrees to do the repairs, have your inspector verify that they are done prior to close of escrow. Do not assume that everything has been done the way it was promised.
Looking for a Home without getting Pre-Approved
Trusting Verbal Agreements
Not getting a Good Faith Estimate in writing
Choosing a Lender because of a recommendation by your Realtor
Not Asking for a rate lock in writing
Using a dual agent (represents the buyer and the seller)
Buying a home without a professional inspection
Not shopping for home insurance until you are ready to close
Signing documents without reading them
Making your moving plans too tight
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Plans & Schemes of Buying a home
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Plans & Schemes of Selling a home
 Home Appraisals
Plans & Schemes of Selling a home
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