7 Dumb Mistakes That Cost Homebuyers Tons of Money

Make even one of these mistakes and it can effectively add five figures or more to the price you pay for a house.

Couple looking at home renderingPeshkova / Shutterstock.com

Whether you’re part of the 1 percent or the 99 percent, a home is likely the single biggest purchase you’ll ever make.

Unfortunately, plenty of people make dumb mistakes when buying a home — mistakes that can cost you tens of thousands of dollars in extra interest or, worse, saddle you with a home you can’t afford and can’t unload.

Following are seven examples of dumb moves that homebuyers make year after year. Read on so you can avoid them.


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