What are some strategies to use when buying a home?

Buying a home is a major investment, yet some home buyers pay too much for the home they want, lose their chosen home to another buyer, or (worse) buy the wrong home for their needs. Identify and avoid the most common and costly buyer mistakes with these nine strategies.

Buyer Strategy #2: Buy the Right Home
What are you looking for in a home? A simple enough question, but the answer can be quite complex. More than one buyer has been swept up in the emotion and excitement of the buying process only to find themselves the owner of a home that is either too big or too small. Maybe they're stuck with a longer than desired commute to work, or a dozen more fix-ups than they really want to deal with now that the excitement has died down. Take the time up front to clearly define your wants and needs. Put them in writing and then use your list as a yardstick with which to measure every home you look at.

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