Buying With Realistic Expectations

By
Real Estate Agent with DFW FINE PROPERTIES 0506509

Motivational thoughts for 1/22/19

by Patricia Feager

 

 

SOMETHING TO THINK ABOUT

 

When buying a new or pre-existing home are you buying to please yourself or other people? If the intention is to please yourself, buy what you can afford and have a cushion for the unexpected maintenance surprises that usually happens. Plan to have heating and air conditioners serviced each season. Within the last several years, I've noticed expectations have changed a lot and buyers are expecting to walk into a house for sale and find the perfect floors, walls, appliances, room dimensions, best neighborhood, adequate yard space, and all the amenities within reach at a bargain price. And when the Seller's Market was going strong, buyers were offering a lot more just to win. Many bought over list price and many were not happy. 

 

The value of achieving your goal is by having realistic expectations. By being practical you will be able to explore creativity to paint with colors you like. Have flooring installed at your pace. Choose contractors or materials after you had a chance to speak to a number of different business owners or contractors who offer different products at different prices. Why buy in haste? If you buy a home that seems to have everything new and replaced, have you thought about are there any concealments? Sometimes the inability to do things right, right from the start causes more money to repair or replace later. 

 

Here are some things to think about:

 

  • Painting walls are not as difficult as painting a portrait.
  • Area rugs can dress up laminate & ceramic tile floors quite nicely to tie into your decor.
  • Do it yourself projects often come out exactly the way you want & better than expected.

 

Save your money to hire licensed technicians and contractors for all electrical and plumbing work. Contractors know when permits are needed. If applicable, for exterior projects check on HOA or Property Owner Associations community restrictions beforehand. Smart consumers buy with realistic expectations. 

 

 

Posted by

Texas Law requires all license holders to provide the Information about Brokerage Services form to prospective clients.

Real Estate Commission Consumer Protection Notice  

 

 dfw fine properties

 

DFW FINE PROPERTIES

                                        3575 Lone Star Circle, Suite 315
                                        Fort Worth, TX 76117
                                        Office: 817-748-4800/FAX: 817-748-4900

                                         Patricia Feager
                                                        Cell: 469-951-4758

                                                        Email: patricia.feager@gmail.com

 

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"With self-discipline most anything is possible." --- Theodore Roosevelt 

 

 

  

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3,823,958
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Patricia all to often Buyers look at homes through rose colored classes, in stead of through the eyes of professionals that can advise them on what to look out for.

Jan 22, 2019 03:16 PM #1
Rainmaker
3,833,329
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Good evening Patricia Feager, MBA, CRS, GRI,MRP ,

What an insightful post! You've given all of us a lot to think about what buyers are thinking when they think of buying a home..is it to please themselves or others...good question.

Jan 22, 2019 04:10 PM #2
Rainmaker
3,209,690
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Patricia, I have always been of the belief that as Realtors the better we manage the expectation of our clients, the happier they will be and in turn the more successful we will be too, Endre

Jan 22, 2019 09:58 PM #3
Rainmaker
3,137,551
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Patricia... excellent advice. Maintaining realistic expectations during and after the home purchase is critical. And understanding where and how to spend one's money is always important.

Jan 23, 2019 04:18 AM #4
Rainmaker
3,639,507
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Patricia. This is an excellent post and the subject crucial. It is always about managing expectations. There is no perfect anything.

Jan 23, 2019 08:30 AM #5
Rainmaker
1,237,893
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Patricia Feager, MBA, CRS, GRI,MRP - you have shared some savvy information to help those who are contemplating buying a home and your points are well taken.

I was very blessed to be able to do both when I lived in California.  I wanted a home I could love and a home I could entertain my entire family in. I am the matriarch of the family so this was important to me. 

Jan 23, 2019 09:11 AM #6
Rainmaker
3,364,891
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Patricia - reality matters. I don't know if it is more true today or if that is a perception due to "reality television".  Calmer minds and logical thinking are always "in style".

Jan 29, 2019 07:09 AM #7
Rainmaker
2,036,708
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Fort Worth, TX
Selling Homes Changing Lives

Michael Jacobs - What the world needs more today are logical thinkers with "calmer minds," and fewer alarmists!

Jan 29, 2019 07:16 AM #8
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Selling Homes Changing Lives
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