6 Tips to Minimize Stress when Buying A Home
Most of the stress that comes with buying a home can be reduced just by understanding the process, anticipating the paperwork, doing your homework and hiring the right professionals, and of course just rolling with a small bump if you encounter one along the way.
1. Anticipate the paperwork required by a lender. Recognize that the lender will ask you for all kinds of seemingly ridiculous paperwork. But, if you think about it, wouldn't it be foolish for them to lend on someone's say so? Of course it would, so you might as well get used to it... if you ask a bank for money, that bank will know what size jeans you wear before you are finished with them! But, if you chose the right lender, an experienced one that will be honest and diligent, and you anticipate that they will need seemingly endless information, you will not get agitated.
2. The physical home search will be emotionally taxing. Realize that searching for homes in earnest is not as easy as it looks on "HGTV's House Hunters". After a day of house hunting, my buyers will be leaving me exhausted. Not because I make them walk from home to home either, but because touring properties is mentally tiring. It is a big purchase after all and you are trying to figure out if it is the right place for your family.
3. Rely on the professional advice and your footwork. Everyone will have an opinion on what you should do. Remember that your friends and family have not toured all the homes that you have. They might only have one frame of reference. Rely on the pros and your own footwork. Make a compelling offer based on facts. Utilize your Realtors experience in evaluating those facts. Develop a strategy based on those facts. Do not think that you should automatically offer a certain percentage off the list price.
4. Keep Your Emotions In Check. If the other side gets emotional, keep your cool. It is very easy to get caught up with knee jerk reactions. Once you do, it becomes harder to make smart decisions. I know this is an emotional purchase, but try as hard as you can to not get caught up in them. Keep your goal in mind.
5. Use Professionals from start to finish. Have a Realtor, a Mortgage person, a home inspector and a real estate lawyer in your corner. I know this may be a controversial point of view, but rely on the experts that you have hired throughout the whole process. and turn a deaf ear to well meaning friends and relatives.
6. Remember the old cliche. If it seems to good to be true it probably is. Trust your instincts.
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