Buying a home is an exciting process. Even if you've purchased a home before, the process can throw even the most even-keeled person for a loop!
Here are 5 things Homebuyers DON'T expect- but if you know in advance, it makes for a smoother experience.
1. Homebuying is - really, really stressful! The team of professionals that will help your purchase go smoothly includes a Realtor you trust, a reputable lender, a thorough home inspector, and a detail-oriented title company. Communication between all parties is key! There are times that it boils down to a decision the homebuyer makes- as a Buyer's Agent, it is my duty to advise, but there are the "gut-check" moments in every deal- I outline the risks and possible outcomes, but can't remove the risks. Sometimes I swear I'm the epitome of "Debbie Downer"- but is is all for my buyer-client's benefit.
2. Shopping for homes is also FUN! I promise every buyer I take out that I won't remember every house we look at by address- too many Presidential Streets, Tree Streets, and Main Streets(Was that on Jefferson, McKinley or Adams? Pine, Oak, or Crab Apple? Who can remember?) As an alternative, I like to look at outstanding features or our impressions of the home, and come up with a common name that we can all remember. I've shown the "small kitchen house"(and sold it), the Pepto house(still on the market), the OMG closet house(SOLD!) Grandma's house(think doilies, wallpaper, and plate rails) and Grandpa's house(like Grandma's, but not smelling as good!). The one house I've shown to every buyer in 16 years is the "What were they thinking?" house- the one that we all just stop and stare- it could be a crazy paint job, 102 nails left in the walls, or a DIY project gone horribly wrong. You get the picture...
3. Everyone has an opinion- Extended family and friends are trusted advisors and very excited for you. They will give you advice on everything from schools, to drainage, to decorating. You have the wonderful task of sorting through it and prioritizing. Remember the advice is given with love, but most of the time, they won't live with you.
4. Lengthy Inspection Reports- even on new houses-All buyers come to a house with a specific skill set- some don't mind doing electrical, others think that painting is a skilled profession that they don't want to learn. A Home Inspection Report is a valuable introduction to the home and its systems- and its 40+ pages can be overwhelming. Think about your skill set and your time, and decide what is important to you.
5. The house for you is out there- and according to the 2014 National Association of Realtor's Annual Report of Homebuyers and Sellers, 88% of all buyers use the Internet to aid them in their home search. Be aware that not all websites are updated on a regular basis- I've received calls from buyers looking at 3rd party sites, at houses that sold year(s) ago. When in doubt, consult with your Buyer's agent.
So, prioritize, breathe deep, organize and listen to well intentioned advice, your gut, and your heart. As always, I am here as a resource to answer questions and to tell you what I would do, in your shoes.
To Your Success!
Coldwell Banker All American