Buying your first home is an exciting milestone, but it comes with challenges. Many first-time homebuyers make common mistakes that can cost them dearly. One major error is not getting pre-approved for a mortgage, leading to disappointment when finding a home. Another mistake is underestimating additional costs such as closing fees and property taxes. Buyers often fall in love with a property without considering future resale value. Additionally, neglecting to conduct a thorough inspection could uncover hidden issues. Finally, working without a real estate agent can leave buyers feeling lost in the process. Being aware of these pitfalls can help you navigate your home buying journey with confidence.