Don’t Let Emotions Ruin Your Home Buying Experience
Excitement is in the air! Valentine’s Day is a few days away. A frenzy of discussion and frantic searching for the perfect Valentine’s Day gift is heard everywhere you go. What to buy, how much to spend, how flashy or classy should the gift or day be? There seems to be so much anticipation and angst involved in prepping for one little day marked on the calendar. Is it love in the air? Maybe, but for many there is more stress involved than anything. Rightly so! Make one mistake and the fallout can be dreadful. Impulsive behavior can turn a sweet romantic day into a dreadful turn of events. Doing absolutely nothing can result in a lost opportunity.
So what does this have to do with buying a house? Everything! We are talking passion, expectations, and chemistry. Sound familiar? Buying a home is a lot like dating and falling in love. Making sound decisions about love and home buying are not simple, and both are definitely life changing events. People frequently buy houses on impulse and not always with sound judgement. While something may seem like a good idea “in the moment”, this major decision is one not to be taken lightly. Just like a Valentine’s Day disaster, buying a home can result in major issues down the road. So what is the best way to avoid this scenario when buying a home?
Avoid the dangers and PLAN Ahead. Don’t end up in the dog house. Implementing a plan that has all the makings of a smart home purchase will result in happy new home owners! Plan ahead, think through your choices, and make educated decisions to reach your ultimate goal. One step at a time is the best way and when your dream home comes along you will know.
The following tips can make all the difference in your home buying experience and ultimate happiness.
- Prepare – Understand what it takes to get ready for buying a home. A great way to begin is to speak with a real estate agent willing to discuss and help you set up a plan. Learn about the current process of how things work. Things are constantly changing with regulations.
- Get Pre-Qualifed for a mortgage. Set a budget for what you want to spend and learn as much as possible about the total mortgage payment. There is more to owning a home than principal and interest payments.
- Select a home that meets your needs in size and price. Don’t over buy in your neighborhood. Flashy can be expensive. Don’t be house poor!
- Don’t over estimate “DIY” Projects. They can be more costly than you anticipate if you are not savvy with repairs. Hiring out to fix a mistake can be very costly.
- Once you find the home of your dreams don’t drag your feet. If you are ready then take the plunge and make a proper offer. Low bidding can be very frustrating. Missing out a home that is perfectly wonderful is a lost opportunity.
- Be prepared for the home inspection. While no home is absolutely perfect you may need to make decisions about the condition of the home and costs involved in repairs. While sellers won’t fix everything that may come up on an inspection you also don’t want to overlook major repairs if the costs are too high.
“Houses are like people – some you like and some you don’t like – and once in a while there is one you love.”
― L.M. Montgomery,
So PLAN ahead and find a home that works best for you. While common sense will get you through both home buying and Valentine’s Day too, be mindful of the mistakes that many will many couples face on this important day.
As a home buyer, make sure to work together with a local real estate agent that knows the market, and is ready to listen and help guide you through the process. Yes, we do work on Valentine’s Day!
With careful searching and planning, you will find the home you love. Let’s get started today!!
Home Buying Can Be Like Valentine’s Day Gone Wrong
published by: your real estate expert Janis Borgueta of Hudson Valley Homes for Sale, as a community service in the Hudson Valley. To receive more real estate information please subscribe to this blog. Looking to buy a new home? Search the MLS for Your Next Home. You can contact Janis at (845)-527-7115 or find her on Google+