Mistake #3 - Being unaware of your rights and responsibilities:
It is essential that you are thoroughly aware of the details involved in your real estate contract. These contracts are often complex — but no matter how confusing and convoluted the language, the contract is legally binding. As you soon as you sign your name, you are responsible for all of its contents. Not knowing your responsibilities could cost you thousands in repairs and inspections. Have an experienced Realtor explain the contract to you, or get your lawyer to review it, before you accept.
