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Buyer mistakes?

While reading the morning's blogs and simultaneously getting my morning dose of the Today Show- they had an excerpt on the 5 Biggest Mistakes Buyers Make. The only mistake I thought was worth mentioning was that many Buyers wait for a home to have a price drop before making an offer. In the meantime, during this wait, interest rates may climb (as they have in the last month). Thus, the money that they thought they were saving on the home is now a moot point because of the higher interest rate they are now paying after getting under contract.

Ok- so maybe there were two thoughts worth mentioning. The other is that many Buyers try to make some homes into more than what they are. Meaning they aren't completely sold on the house and try to make it better than it really is in some way. Unless those downfalls are fixable ones, they aren't going to go away. Be in love with your potential home. I know I didn't sleep for two days before I made my offer, the house was the only thing I could think about! That's how I want my Buyers to be before making an offer. Your agent is there to help you understand the good and bad features of the home and to help you arrive at an informed decision.