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|10 Tips to Take the Trauma Out of Homebuying
Find a compatible agent. Homebuying is not only a big
financial commitment, but also an emotional one. It's critical
that the agent you chose is both skilled and a good fit with
Remember, there’s no “right” time to buy. Don’t try to
second-guess interest rates or the market. Changes don’t
usually occur fast enough to make much difference, and a
good home won’t stay on the market long.
Don’t ask for too many opinions. It’s natural to want outside
reassurance for such a big decision, but too many ideas will
make it much harder to make a decision.
Accept that no house is perfect. Focus in on what most
important to you and let minor things go.
Don’t try to be a killer negotiator. Negotiation is definitely a
part of the real estate process, but trying to “win” by getting
an extra-low price may lose you the home you love.
Remember your home doesn’t exist in a vacuum. Don’t
get so caught up in the physical aspects of the house itself,
that you ignore other outside issues such as amenities, noise
level, etc., that will have a big impact.
Don’t wait until you’ve made an offer to get mortgage
approval, investigate insurance availability, and consider
your ability to move. An offer that is contingent on a lot of
unresolved issues will be much less attractive to sellers.
Factor in maintenance and repair costs in your new budget.
Even a new home has some costs. Don’t leave yourself short
and let your home deteriorate and lose resale value.
Accept that a little buyer’s remorse is inevitable and will
probably pass. Buying a home, especially the first time, is a
big commitment, but it also yields big benefits.
Choose a home first because you love it; then think about
appreciation. While homes have continued to increase in
value in recent years, a home’s most important role is as a
comfortable, safe place to live.
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|How We Can Find Your New Home...
Finding and purchasing the right home is a highly
personalized process. We can help you locate a
new home to meet your requirements and desires.