Some common pitfalls to avoid when buying a property include: Not getting pre-approved for a mortgage: Knowing your budget upfront helps in focusing your search and making competitive offers. Skipping property inspections: Inspections uncover hidden issues that could lead to costly repairs later. Neglecting to research the neighborhood: Understanding local amenities, schools, and crime rates ensures the property meets your lifestyle and investment goals. Ignoring hidden costs: Beyond the purchase price, consider closing costs, property taxes, and ongoing maintenance expenses. Failing to review the contract thoroughly: Ensure you understand all terms and conditions, including contingencies and timelines. Not considering resale value: Evaluate the property’s potential for appreciation and marketability in the future. Avoiding these pitfalls can lead to a more informed and successful property purchase.