
Buying real estate is exciting — but even a small mistake can cost you big. Whether you’re purchasing your first home or investing in a property, here are 7 common mistakes to avoid:
1. Skipping Proper Research
Don’t just trust online listings or flashy brochures. Research the location, builder reputation, resale value, and future infrastructure plans.
2. Not Defining a Budget
Without a clear budget (including hidden costs like taxes, registration, and maintenance), you may end up overspending or facing loan issues later.
3. Ignoring Loan Eligibility
Pre-approval gives you clarity and negotiating power. Many buyers start house-hunting without knowing how much they’re eligible to borrow.
4. Overlooking Legal Checks
Always verify ownership documents, land titles, and approvals. A small legal oversight today can lead to years of headache tomorrow.
5. Not Considering Location Growth
A good location isn’t just about the present — look at future development plans. Metro, schools, or IT parks coming up nearby? That’s a win!
6. Falling for Emotion Over Value
Don’t buy a home just because it “feels right.” Compare prices, amenities, and long-term value before committing.
7. Skipping a Site Visit
Photos can lie. Always visit the property in person to inspect the construction quality, surroundings, and vibe of the neighborhood.