QUICK ANSWER

Skipping pre‑approval and underestimating costs lead the list.

The two biggest mistakes I see first‑time buyers make are house hunting without a mortgage pre‑approval and focusing solely on the down payment. According to home‑buying guides, failing to get pre‑approved can delay your purchase and cause you to miss out on homes【50733575392424†L61-L84】. Draining your entire savings for the down payment leaves you without cash reserves for closing costs, repairs or emergencies【50733575392424†L88-L114】. Beyond these, new buyers often underestimate total monthly costs, overlook critical inspections like the CL‑100 termite report required in South Carolina, and rush through closing without understanding the loan terms and fees【50733575392424†L121-L143】【696266739368285†L74-L117】.

The good news: every mistake on this list is avoidable. With the right planning and guidance, you can navigate your first purchase confidently.