Take the Trauma Out of Home Buying
Buying a house is probably one of the more important undertakings in your life both financially and emotionally. However, if you follow these tips the whole process can be less stressful and will be a rewarding experience:
§ Work with a Real Estate professional who you feel very comfortable with and can relate to. Home buying is not only a big financial commitment, but also an emotional one. It’s critical that the agent that you choose is both skilled and a good fit with your personality.
§ Remember, there’s no “right” time to buy, any more than there is a right time to sell.
§ Don’t ask for too many opinions. While it’s natural to want reassurance for such a big decision, too many ideas will make it much harder to make a decision.
§ Accept that no house is ever perfect. Focus on the things that are important to you.
§ Don’t try to be a killer negotiator. Negotiation is definitely a part of the real estate process, but trying to “win” by getting an extra-low price may lose you the home you love.
§ Don’t get so caught up in the physical aspects of the house itself to the point that you forget such issues as amenities, noise level, etc., that have a big impact on what it’s like to live in your new home.
§ Do your homework before you begin the home search process. Get mortgage pre-approval and schedule for moving before finding a home and making an offer on it. The fewer contingencies in the offer makes it more attractive to the sellers.
§ Remember to factor in maintenance and repair costs in your post-home buying budget. Even if you buy a new home, there will be some costs. Don’t leave yourself short.
§ Accept that a little buyer’s remorse is inevitable and will probably pass. Buying a home, especially for the first time, is a big commitment, but it also yields big benefits.
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