Home buying is not only a big financial commitment, but also an emotional one. Buying a
home should be exciting, however, oftentimes homebuyers find themselves feeling stressed
or sometimes discouraged amongst 100 other emotions. Thankfully, we have some tips to
take the stress out of home buying.
1. Find a real estate agent that you can connect with. Finding an agent that not only
posses a high level of skill in their job as a realtor, but also a personality that meshes
well with your own is vital to having a stress-free home buying experience.
2. Have an open mind and flexible expectations. Now this isn’t to say that you
should lower your expectations of what you might find or that you should go in
completely unaware of your preferences, but if you’re entering your search
expecting to stubble upon your dream home right away, chances are you’re setting
yourself up for disappointment – and a lot of it. Know your must haves but be
open to adjustments in order to obtain those must-haves.
3. Plan ahead. With all of the new changes hitting lenders thanks to the Consumer
Financial Protection Bureau (CFPB), it is IMPERATIVE that you schedule a
meeting with your lender BEFORE you start your search to get prequalified. Not
only will this assist in making the closing process much smoother, but it also lets
your agent know what you are approved for to assist in the search and it lets your
seller you are a serious buyer once you find your new home.
4. Focus on the search and know your limits. Stress becomes greater when you
choose to add more “events” to your life. Don’t choose to add extra stress by buying
a new car, or reconsolidating debt, or getting a new puppy all while looking to buy
the home of your dreams. Try to maintain equilibrium in other aspects of your life
that don’t need change. Also, if you feel yourself getting burnt out, take a breather.
If you are obsessing over a house that just isn’t within reach, move on with your
5. If you like it, make an offer. So many times you hear, “well if it was just priced
here it would be perfect!” If you have an idea of what you think the home is worth,
make an offer – the worst the seller can do is say no. At the end of the day,
everything is negotiable. The worst thing you can do is find a house that you love
and decide to wait for something better to hopefully come along only to find out
you missed out on the home of your dreams.
6. Expect delayed gratification. Buying a home is one of the biggest financial
commitments. It can prove to be extremely overwhelming when the search is over
and you realize that you may have paid more than you initially wanted or that you
bit off more work than you can chew. Don’t lose sight of the things that made you
fall in love with the property and the reasons why you chose that home. Buyer’s
remorse is normal. It may not be until you complete your first home project, or you
have your first meal in your new home, but once you finally feel at home, that
gratification will come.
If you are looking to buy, we can help! We have an abundant amount of great listings and
would love to be a part of your search for your dream home. Just give us a call or send us
an email and we would be glad to help you!