Young Americans are delaying homeownership because they're burdened with student loan debt, waiting longer to get married and have kids, and spending more on renting. Some are still living with their parents — especially in certain parts of the country.

Waiting longer to buy a home means there's plenty of time to prepare financially if homeownership is on your list of life goals.

Below, we've outlined seven of the dumbest money moves to avoid before you buy a home:

1. Expect to get a big return.