Did you know that saving a half a percentage point could save you $23,000 over a 30 year fixed mortgage?

Buying a home is probably the biggest financial investment you’ll ever make. For many first-time home buyers it is a time filled with excitement and plenty of headaches. Finding the right property can take months and the smallest oversight can cost thousands of dollars.

If you’re an investor or first-time home buyer you’ll love this infographic.

It’s a simple go-to checklist outlining 15 key things to consider when purchasing a home. It covers everything from contingency clauses to private mortgage insurance and closing cost negotiations:

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Infographic: Money saving tips for first-time home buyers

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