From not having your finances in order to rushing through the inspection process, common mistakes made by homebuyers can derail the path to owning your dream home. On the fourth installment of WSJ’s special series “Under Contract: Your Guide to Home Buying,” Sam Chandan of New York University’s Chen Institute for Real Estate Finance joins host J.R. Whalen to discuss.

0:00 Negative experiences from two homebuyers
1:24 Biggest mistakes by homebuyers in the initial approach to the buying process
3:08 What homebuyers should keep in mind during the bidding process
4:06 Why people continue making mistakes when buying a house
5:30 The risks of black mold and asbestos
9:00 Why you shouldn’t get too attached to a home

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