GreatWest GMAC Real Estate professionals continue to be cognizant of mistakes that first time buyers can make. If you are getting ready to purchase a home, here are some of those pitfalls you should avoid:

(1) They don’t ask enough questions of their lender and miss out on the best deal. It is vitally important to be actively working with a professional lender, who has well educated you about the mortgage programs available to you, so that you are ready to act, when a home to your liking is found.

(2) They don’t act quickly enough to make a decision and someo... Read more

5 Common First-Time Homebuyer Mistakes


1. They don’t ask enough questions of their lender and miss out on the best deal.

2. They don’t act quickly enough to make a decision and someone else buys the house.

3. They don’t find the right real estate professional who is willing to help you through the homebuying process.

4. They don’t do enough to make their offer look good to a seller.

5. They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years.

Reprinted with permission from Real Est... Read more