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Show ,M,ikM - MISTAKE: (Continued from Page 10) without selling their existing home, consumer advocate Easter said. "You are at the weakest possible negotiating point." he said. He said buyers can afford to lowball when they realize the seller is making two mortgage payments. And desperate sellers, he said, have to take whatever offer comes along. MISTAKE NO. 9: Waiting till the last minute to cet insurance. SOLUTION: Attorney Waller said buyers can save money in the long run if they start shopping for house insurance as soon as the sales contract has been accepted instead of being stuck with whatever quotes they get two days befoie closing. MISTAKE NO. 10: Signing contracts without understanding them. SOLUTION: "The whole buysell real estate transaction can be very confusing for people. They want to quickly be done with it," of the said Towey state Department of Business and Professional Regulation. Most people, Towey said, do not fully read and understand a contract. And with something as expensive as a house, he added, so much is at stake that it probably deserves a review by an attorney. When building a house, Towey said, buyers should specify the costs involved, the completion date and the exact product they expect. Author Gonzalez advised anyone buying a new house to specify the exact product down to the serial numbers that they expect to get. He said buyers should write down the make and model of tubs, sinks, fixtures, carpet, etc. Simply put, Gonzalez said, don't expect automatically to get the quality of products that are in model homes. In addition, he said, buyers should make it clear in writing that they will visit the construction site. He also advised specifying which r.r.lW.riT. Vf hi, 1 WttM 'Mi&AMMMtiMUfWf2-that consumers don't get an attor- lot they're buying. West said that if buyers are in doubt about a contract, they should hire an attorney to review it. He said cases such as the Hallmark Builders fiasco might not have occurred if the buyers had a lawyer looking over their ney." Without a lawyer, buyers sometimes forget to include important such as on financcontigencies ing, Mitchell said. When a buyer fails to make the offer contingent on financing and then is unable to get financing, the buyer has failed to live up to the contract and therefore loses any deposit money put down on the property. Mitchell said. shoul- ders. Waller said the real estate agent's function is to fiNO the right house. Lawyers, he added, are needed to help buyers understand the nuances of the legal docu- Meeks of Realtors group said he wished all of his clients would hire attorneys to review their documents to make sure they're legally sound. He said buyers should use real estate attorneys' legal advice and get their advice about purchases from real estate agents. ments. 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