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.
Pieter Vanerman, CEO of Spin, joined Cheddar News to discuss the ping-pong franchise, which has nine locations around the U.S. and two in New York City, and also dived into how the business operates, showed what's on the menu and what you can expect when you visit.
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