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4. Use a smaller mortgage company that can offer personal service. People tend to go with large, well-known mortgage companies, since that’s all they know. But
smaller, regional companies provide excellent customer service, and can often give you better rates than
big companies. Since they don’t advertise and instead rely on word-of-mouth, they have to be good in order to get your service. We started off with a big-name company, but in
end, we went with a regional company because they had better rates and better customer service.
5. Always have a home inspection. I think most people know this fact already, but it is really important in areas with a hot real estate market. It can be easy to get caught up in bidding wars, and to want to get a house at all costs. Some friends of ours wanted a house so badly that not only did they overbid, but they also waived
home inspection. They got
house – and right along with it they got several thousand dollars worth of damage that would have been found in an inspection.
As a final note, try to remember that buying a home doesn’t have to be scary. It’s very exciting to own your own home, so think of all
good things that will come once you have made it through
home-buying process. If you follow
advice above, then you should be well-equipped to make it through unscathed.

Rachel Greenberg has a background in business and finance, and she received her MBA from Duke University in 1999. She writes fun and informative pieces for her website http://www.bargainfamily.com - which she created with her husband Lee. The website provides advice and recommendations for families on various products and services for their homes, lives, and businesses.