5 Expensive Things That Can Go Wrong When Buying a House and How To Fix Them

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Person signing mortgage contract of sale in a real estate office.

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Also see60 questions to ask when buying a house.

The standard down payment is 20% of the purchase price, but thats not set in stone.

Not calculating the right down payment can be an expensive mistake.

Homebuyers typically hire a title company to verify the propertys title is legitimate.

They do this to verify theyll be the rightful owner when they buy the house, according toNorthwestern Mutual.

To fix this problem, Rocket Mortgage recommended making your offer contingent on a home inspection.

Also, check that your real estate agent hires a reputable inspector with a good track record.

you’ve got the option to also buy a home that is still in the pre-construction phase.

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