1. They’re unprepared to compete against all-cash offers.

2. They place a car ahead of the home.

3. They place too much emphasis on online loan information.

4. They bank too much on online home values.

5. They forgo the home inspection. 

Read the full article written by   Source: “8 Biggest Mistakes First-Time Homebuyers Make,” CNBC (July 17, 2014)

5 Mistakes First-Time Home Buyers Make.