Most people don’t realize how emotional buying a home can be—having the opportunities to assist buyers in their home buying journey. There’s usually always that one common factor, EMOTIONS! No matter the price point or financial status, most buyers allow their emotions to get the best of them. Whether you’re a first-time home buyer or purchasing your 2nd home. The one thing to avoid is getting overly emotional.
Why is it such an emotional journey?
Purchasing a home is usually the most significant purchase most people will make, even if it’s their 2nd home. Buying a home is also a long-term commitment. Most buyers, especially first-time buyers, don’t realize how long the process can take. The pressure to make a huge decision and then add extended time and emotions can run wild if you don’t handle it well.
How to deal with the stress from purchasing a home?
Decided on precisely what you want very early on.
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Knowing what your needs are n the beginning will save you so much time. What area? Are school zones critical? How many bedrooms? How many bathrooms? Think and plan your future goals to help you decide.
Be realistic
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understand early on what is essential and what you need to be flexible with when purchasing a home. In today’s market, it’s hard to find the PERFECT home. Such minor cosmetic dislikes like carpet, the color of the interior, or even the appliance is sometimes things to consider being flexible with.
Pick a TRUSTED real estate agent
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unless you have a background in real estate, you’ll want to have someone on your team to help guide you along the way. Real estate agents will make tons of recommendations, and if you don’t trust your real estate agent, then your whole experience can go downhill.
Speak with a trusted mortgage loan officer
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financing is one of the most significant parts of purchasing a home. Have a valuable loan officer on your team to help guide you to suitable loan options, so your financial future is off to a great start.
Save as much as possible
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buying a home is the most expensive purchase you’ll ever make. So understanding all your numbers in the beginning, is crucial. And having the extra money cushion will help avoid unexpected situations. If you feel you need to pay eliminate some debt to hep you save. Check out my other blog post.
Avoid side conversations with others about your home buying journey. This journey is about YOU!
- While you may want to get advice from your trusted loved ones and friends, they do not have the same desire and needs as you. The real estate market is constantly changing, so the experience they may have had will also be different from yours. The only opinion that matters is YOURS.
Take a deep breath and remember your WHY!
- The process might seem complicated but know WHY you want to purchase. The process might seem long but always remember WHY this is worth your investment. You might want to give up for multiple reasons but know WHY this is best. If you’re a first-time buyer and need additional tips here’s another article to check out.
