After receiving generous monetary gifts from family and friends for your wedding, you’ve decided to buy your first home. This should be a piece of cake, you and your new spouse agree because you believe you have just enough for a hefty down payment and can afford monthly mortgage payments. With a sizable amount, you must not squander your newfound cache of cash, so read about mistakes first-time homebuyers should avoid before buying your dream home. Ignoring Your Budget Before embarking on house hunting, carefully calculate your budget, tucking in…