First time home buyers have little knowledge when it come to home buying a new study states. While it does make sense that first time home buyers do not know all the specifics of buying a house, the lack of knowledge could be very costly. The average first time home buyer often over estimates how much a solicitors should be paid to whom pays the stamp duty. First time home buyers need to educate themselves on the process of buying a home in order to save money.
Read more: Study exposes how little first time buyers actually know about buying
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