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10 Things to Take the Trauma Out of Homebuying
Looking for a new home is exciting - - - and stressful. Find out how to reduce that stress!
Find a real estate professional who's simpatico. Homebuying is not only a big financial commitment, but also an emotional one. It's critical that the practitioner you choose is both skilled and a good fit with your personality.
Remember, there's no 'right' time to buy, any more than there's a right time to sell. If you find a home now, don't try to second-guess the interest rates or the housing market by waiting. Changes don't usually occur fast enough to make that much difference in price, and a good home won't stay on the market long.
Don't ask for too many opinions. It's natural to want reassurance for such a big decision, but too many ideas will make it much harder to make a decision.
Accept that no house is ever perfect. Focus in on the things that are most important to you and let the minor ones 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 room size, kitchen that you forget such issues as amenities, noise level, etc., that have a big impact on what it's like to live in your new home.
Don't wait until you've found a home and made an offer to get approved for a mortgage, investigate insurance availability, and consider a schedule for moving. Presenting an offer contingent on a lot of unresolved issues will make your bid much less attractive to sellers.
Factor in maintenance and repair costs in your post-homebuying budget. Even if you buy a new home, there will be some costs. Don't leave yourself short and let your home deteriorate.
Accept that a little buyer's remorse is inevitable and will probably pass. Buying a home, especially for the first time, is a big commitment, but it also yields big benefits.
Choose a home first because you love it; then think about long term appreciation.
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What our clients say
Thank you very much. You two are amazing for helping us get our perfect house and now a beautiful lot! Thanks for working so hard for us! - Claire and Kristen (testimony for Sherri Fales)
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Fales Realty is a full service brokerage firm located at
1231 N. Main St
in downtown Hampstead, MD 21074. We are dedicated to representing our clients in their best interest with strong work ethic, loyalty, and knowledge of the local real estate market. Whether buying or selling, we are here to assist you in your next real estate transaction. Contact Fales Realty today at
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