An annual home ownership poll revealed that there were five top mistakes that first-time home buyers make. At the top of the list, fifteen percent of home buyers said they made the error of underestimating their costs for renovation. At 4th place, a down payment that was too small affected 14% of home buyers. Number three referred to the ignoring of the home inspection by thirteen percent of buyers, where a too-quick purchase was the lament of 11%. Finally, ignoring hidden costs was at 5th place with ten percent of home buyers.

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