Buying a home for the first time can be exciting, but a little overwhelming at the same time. There isn't an exact science to a smooth process but there are some mistakes you can try to avoid. Your Future Home hosts Baker Machado and Jill Wagner talk about four of the most common mistakes.
One is being too emotionally invested. Buying a home is an emotional rollercoaster, so it's important to ride the highs and lows without becoming too attached to any one house.
Another mistake is not getting pre-approved. It's important to know what you can afford before you start looking for a home. A pre-approval is an analysis of your financial circumstances based on your income, credit score and debt. It lets you know how much you can spend on a home. It also shows your realtor and potential sellers that you're serious.
Loy Gordon, owner of Neir's Tavern, joined Cheddar News to discuss how he saved the establishment three times and why he did so. Gordon also showed Cheddar News some specialty drinks that patrons can enjoy.
To celebrate Black-Owned Business Month, Cheddar News visited Neir's Tavern in Queens, one of the city's oldest taverns where the Martin Scorsese film "Goodfellas" was filmed. Loy Gordon, the bar's owner, discussed the history behind the establishment.