Last week I attended the Darryl Davis Seminar in Chicago. 3 things I got out of it (in no particular order)
1) Focus on the process and success will come.
2) Commit to what can (will) be and forget about the thoughts, beliefs, concerns that hold you back.
3) Focus buyers on finding the best home they can afford and not on the other stuff.
I just finished reading Jim Frimmer's blog "Is it a good time to buy a home? My answer is not what you might think. " and I thought it was great.
The 3rd point above came to mind. Darryl taught that the buying process can be completely simplified if we focus on the commitment to buying.
Jim's answer to his question was that it is a great time to buy if you're going to LIVE in the home. A home is not an investment to be worry you over its value or how much it will cost if interest rates go up next week. A home is a place to live in, raise kids, grow old, entertain, keep everything dear to you safe in.
Can you place a value on that?
If you're renting, you're probably missing out on a lot of what makes home ownership special. The committment to a place that is yours, the security of knowing you have greater control over your future, the sense of belonging to a community.
Buy now because you want a place to live, to call your own, to grow old(er) in. Find a monthly payment that keeps you happy and buy the best home you can afford. Let your REALTOR, lender and attorney look out for the small stuff like price, interest rates and closing the deal.
Nothing will ever be attempted if all possible objections must first be overcome.