GROWING THE SOUTH-WEST | Here are the four biggest mistakes made by home-buyers

Updated February 11 2019 - 12:05pm, first published 10:10am

1. EXCEEDING YOUR FUTURE FINANCE LIMITS

Financial stress tears families apart. The most important financial question to ask yourself before you buy is: “What’s the worst that can happen?” What if interest rates rise? What if you buy based on two incomes and you lose one? Your financial limit today will rarely be the same as in the future. Sure, it might be better. But what if it’s not? Play it safe. Ensure when you buy a home you’ll be able to keep it.