As a first-time homebuyer, you will probably get excited more frequently than others. If you are a novice investor, this is a trait that you should learn how to control. When you are trying to obtain a loan, you must be calm and composed. You do not wish to make any critical mistakes that mess up your finances for good. The following section explains some of the most common and critical yet avoidable mistakes that new home buyers tend to make around the city. Let’s understand what they are: