According to CNN.com, these are the six of the biggest mistakes made by homebuyers:
1) Not knowing your credit score
2) Buying a car before a house
3) Skimping on home inspections
4) NOT HIRING A LAWYER
5) Signing a contract with no contingencies (hiring a lawyer before you sign the contract will solve this problem)
6) Not budgeting for insurance
See the whole story at http://money.cnn.com/galleries/2010/autos/1004/gallery.Costly_homebuying_mistakes/index.html
Most people know that they need a lawyer to represent them when they are selling their home, but buyers also need representation. The relatively small fee the lawyer charges could save a buyer thousands of dollars and headaches.
If you are trying to buy or sell property, contact our office. Our office phone number is 312-238-9298.
Please note this is intended to give general information to the public. Although the information is generally accurate, it cannot be guaranteed and this information should not be construed as legal advice upon which a reader can rely. In all cases, please consult a lawyer before acting. This is intended to be advertising, and not solicitation, or legal advice.
