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Decrease the Stress of Homebuying

Posted on 01/23/2015

Buying a home is exciting but also can be stressful. When searching for your home, keep in mind the following tips. 

Find the right real estate agent:  Home buying is a big financial and emotional commitment.  Find an agent who is highly skilled and a good fit for your personality.

There is no perfect time to buy:  If you find a home now do not wait for the housing market or interest rates.  By waiting you risk out on missing the home. A good home  will not stay on the market long.

Limit the number of opinions:  It is common to ask many people when making such a big decision. But to many ideas from too many people can make the decision process harder. Focus on the people who will actually be living in the house.

No home is prefect:  Make a list of your top priorities and  focus on those. 

Negotiation:  Negotiation is important part of the real estate process.  But by trying to get an extra low price or refusing to budge on your offer, you could lose the home. Negotiation is all about give and take. 

Keep in mind all aspects of the home:  While the physical aspects of the home, such as room size and kitchen are important so are external aspects. Keep in mind noise level and location to amenities.

Plan:  Do not wait until you made an offer on the home to get approved for a mortgage and research  home insurance.  An offer that is contingent on a lot of unresolved issues is less attractive to a seller.

Extra cost:  Factor maintenance and repair cost into your budget. Even if you buy a new home, there will be cost. 

Buyer's remorse:  Buying a home is a big financial commitment but it yields big benefits. Do not lose sight of why you wanted to buy a home and why you fell in love with it.

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