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SMALL BUSINESS
By Stacey L. Bradford,
Associate Editor, SmartMoney.com
Associate Editor, SmartMoney.com
LOOKING FOR A new home? Well, you're in luck -- sort of. First, the good news: Home prices are falling, giving buyers more negotiating power. Now, the not-so-good news: Lining up financing has become much more difficult as droves of homeowners default on their existing mortgages. This isn't to say you won't be able to secure the home of your dreams, but you will need to be a bit more cautious and conservative with your purchase.
Here are five mistakes to avoid when looking for a home in today's real estate market.
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