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	<title>Bill Shields - Buyer's Resource &#187; avoid home buying mistakes</title>
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		<title>10 Mistakes Made by First-Time Home Buyers</title>
		<link>http://www.billshields.com/blog/index.php/2009/12/16/10-mistakes-made-by-first-time-home-buyers-10/</link>
		<comments>http://www.billshields.com/blog/index.php/2009/12/16/10-mistakes-made-by-first-time-home-buyers-10/#comments</comments>
		<pubDate>Wed, 16 Dec 2009 15:56:34 +0000</pubDate>
		<dc:creator>bill</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[avoid home buying mistakes]]></category>
		<category><![CDATA[Buyer's Agents]]></category>
		<category><![CDATA[buying a home]]></category>

		<guid isPermaLink="false">http://www.billshields.com/blog/?p=57</guid>
		<description><![CDATA[10.  The worst mistake you can make is to not find, and use, a good Buyer&#8217;s Agent. Purchasing a home is the largest investment most people will make.  You need to have a qualified Buyer&#8217;s Agent with you every step of the way.  He can help you understand every aspect of the home buying process &#8211; [...]]]></description>
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		<title>10 Mistakes Made by First-Time Home Buyers</title>
		<link>http://www.billshields.com/blog/index.php/2009/12/15/10-mistakes-made-by-first-time-home-buyers-9/</link>
		<comments>http://www.billshields.com/blog/index.php/2009/12/15/10-mistakes-made-by-first-time-home-buyers-9/#comments</comments>
		<pubDate>Tue, 15 Dec 2009 16:31:14 +0000</pubDate>
		<dc:creator>bill</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[avoid home buying mistakes]]></category>
		<category><![CDATA[buying a home]]></category>
		<category><![CDATA[home improvements]]></category>

		<guid isPermaLink="false">http://www.billshields.com/blog/?p=55</guid>
		<description><![CDATA[9.  Doing too much too soon.  You&#8217;ve just moved into your new home and you&#8217;re ready to put your style stamp on it.  Don&#8217;t go into debt to do so.  Instead, create a plan and budget and make those changes when you can afford it.
]]></description>
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		<title>10 Mistakes Made by First-Time Home Buyers</title>
		<link>http://www.billshields.com/blog/index.php/2009/12/14/10-mistakes-made-by-first-time-home-buyers-8/</link>
		<comments>http://www.billshields.com/blog/index.php/2009/12/14/10-mistakes-made-by-first-time-home-buyers-8/#comments</comments>
		<pubDate>Mon, 14 Dec 2009 17:20:26 +0000</pubDate>
		<dc:creator>bill</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[avoid home buying mistakes]]></category>

		<guid isPermaLink="false">http://www.billshields.com/blog/?p=53</guid>
		<description><![CDATA[8.  Failing to include an option period or contingency clause in the contract.  Always include a financing contingency clause in a real estate contract in case something happens and you don&#8217;t qualify for the loan or the house doesn&#8217;t appraise for the purchase price.  Also, in some states, there are option periods &#8211; typically a 7 [...]]]></description>
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		<title>10 Mistakes Made by First-Time Home Buyers</title>
		<link>http://www.billshields.com/blog/index.php/2009/12/09/10-mistakes-made-by-first-time-home-buyers-6/</link>
		<comments>http://www.billshields.com/blog/index.php/2009/12/09/10-mistakes-made-by-first-time-home-buyers-6/#comments</comments>
		<pubDate>Wed, 09 Dec 2009 17:30:39 +0000</pubDate>
		<dc:creator>bill</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[avoid home buying mistakes]]></category>
		<category><![CDATA[First time home buyers]]></category>

		<guid isPermaLink="false">http://www.billshields.com/blog/?p=47</guid>
		<description><![CDATA[6. Assuming your first offer will be accepted.  With home prices becoming more affordable, more people are looking to buy.  You may encounter competition for a home you want so don&#8217;t get too discouraged if you lose out on a house.
]]></description>
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		<title>10 Mistakes Made by First-Time Home Buyers</title>
		<link>http://www.billshields.com/blog/index.php/2009/12/07/10-mistakes-made-by-first-time-home-buyers-5/</link>
		<comments>http://www.billshields.com/blog/index.php/2009/12/07/10-mistakes-made-by-first-time-home-buyers-5/#comments</comments>
		<pubDate>Tue, 08 Dec 2009 02:22:00 +0000</pubDate>
		<dc:creator>bill</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[avoid home buying mistakes]]></category>
		<category><![CDATA[property taxes]]></category>

		<guid isPermaLink="false">http://www.billshields.com/blog/?p=45</guid>
		<description><![CDATA[5.  Failing to budget for property taxes.  Don&#8217;t forget to factor in property taxes (and the inevitable increases) into your budget.  Do a little research - find out if the tax rates have gone up or down over the last few years, as well as the assessed property values.  Be prepared.
]]></description>
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		<item>
		<title>10 Mistakes Made by First-Time Home Buyers</title>
		<link>http://www.billshields.com/blog/index.php/2009/12/04/10-mistakes-made-by-first-time-home-buyers-4/</link>
		<comments>http://www.billshields.com/blog/index.php/2009/12/04/10-mistakes-made-by-first-time-home-buyers-4/#comments</comments>
		<pubDate>Fri, 04 Dec 2009 19:04:52 +0000</pubDate>
		<dc:creator>bill</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[avoid home buying mistakes]]></category>
		<category><![CDATA[cost of owning a home]]></category>

		<guid isPermaLink="false">http://www.billshields.com/blog/?p=43</guid>
		<description><![CDATA[4.  Underestimating the cost of owning a home.  Many home buyers don&#8217;t consider the cost of repairs and maintenance when they purchase a home.  Things break and need to be fixed.  Take a look at how well previous owners have cared for the home, as well as the age, before buying.  If available, consider purchasing [...]]]></description>
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		<item>
		<title>10 Mistakes Made by First-Time Home Buyers</title>
		<link>http://www.billshields.com/blog/index.php/2009/12/03/10-mistakes-made-by-first-time-home-buyers-3/</link>
		<comments>http://www.billshields.com/blog/index.php/2009/12/03/10-mistakes-made-by-first-time-home-buyers-3/#comments</comments>
		<pubDate>Thu, 03 Dec 2009 18:03:00 +0000</pubDate>
		<dc:creator>bill</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[avoid home buying mistakes]]></category>
		<category><![CDATA[First time home buyers]]></category>

		<guid isPermaLink="false">http://www.billshields.com/blog/?p=41</guid>
		<description><![CDATA[3.  Showing your true feelings about a home.  Don&#8217;t let the seller&#8217;s agent know how much you love his or her listing.  That gives the Seller an advantage during negotiations.
Check back later for #4.
]]></description>
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		<item>
		<title>10 Mistakes Made by First-Time Home Buyers</title>
		<link>http://www.billshields.com/blog/index.php/2009/12/02/10-mistakes-made-by-first-time-home-buyers-2/</link>
		<comments>http://www.billshields.com/blog/index.php/2009/12/02/10-mistakes-made-by-first-time-home-buyers-2/#comments</comments>
		<pubDate>Wed, 02 Dec 2009 18:57:41 +0000</pubDate>
		<dc:creator>bill</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[avoid home buying mistakes]]></category>
		<category><![CDATA[First time home buyers]]></category>
		<category><![CDATA[foreclosure]]></category>

		<guid isPermaLink="false">http://www.billshields.com/blog/?p=38</guid>
		<description><![CDATA[2.  Assuming foreclosures are great deals.  Due to the significant decline in home values, purchasing a foreclosure may not be the best choice.  The lender will still try to recoup their investment even if the home value has dropped.  You must also take into consideration possible damage to the home from the previous owners, vandals, or [...]]]></description>
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		<item>
		<title>10 Mistakes Made by First-Time Home Buyers</title>
		<link>http://www.billshields.com/blog/index.php/2009/11/30/10-mistakes-made-by-first-time-home-buyers/</link>
		<comments>http://www.billshields.com/blog/index.php/2009/11/30/10-mistakes-made-by-first-time-home-buyers/#comments</comments>
		<pubDate>Mon, 30 Nov 2009 18:07:30 +0000</pubDate>
		<dc:creator>bill</dc:creator>
				<category><![CDATA[General]]></category>
		<category><![CDATA[avoid home buying mistakes]]></category>
		<category><![CDATA[First time home buyers]]></category>

		<guid isPermaLink="false">http://www.billshields.com/blog/?p=35</guid>
		<description><![CDATA[1.  Not knowing how much they can afford.  Before you fall in love with a house you can&#8217;t afford, talk to a qualified lender and get pre-approved for a mortgage.  Then you&#8217;ll know in which price range to look.
Check back tomorrow for #2!
]]></description>
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