Buying your first home can elicit many feelings; Excitement, Joy, Happiness, Elation, Wonder, Anticipation, Stress and Regret. Not always in that order. When our feelings control our thoughts which in turn control our beliefs,it eventually becomes the truth. This major purchase will be one of the biggest financial investments that most people will make in their life. There are two times through the buying process 1st time home buyer's can battle remorse. When they have an executed contract and after they leave the closing table. Here are 5 steps to avoid this from happening.
- Get Pre-Approved
- Have A Budget
- Surrender The Outcome
Prayer is the first thing you should do. That's right I said prayer and some of you may not understand so I will just speak about the practical application. Praying will give you pause during an emotional time allowing you to think clearly about the task at hand. Visiting the house will allow you time to experience the lifestyle in the neighborhood. The more time you are able to spend the more familiar everything will become. No surprises.
Council will help you express your feelings and thoughts. You may have family that is helping you with your purchase. Do not be afraid to tell them your fears and your wants. Your Realtor is also one to speak with about any concerns or questions you will have.
Get Pre-Approved or even approved for a loan should be done before you even start looking at properties. How can you look at homes unless you know how much you can spend. A professional salesmen will insist you get pre-approved before you can start. Knowledge is power and in this case it will guide you to the home you can afford. Don't resist this step it will save you heart ache in the end.
Have A Budget This step is tied to getting pre-approved in importance. You must have you expenses accounted for. How can you know how much home you can afford if you don't have your expenses under control. Manage your money well and you will have no concerns about your purchase. You will be well within your means.
Surrender The Outcome is the last step and by far not the least. If you have followed the other steps then you can rest in your decision. "Remember the Lord in all you do and he will give you success" proverbs 3:6.
Follow these steps to let the truth guide your beliefs which form your thoughts that express feelings. instead of the other way around.