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Home > Taking the Stress out of Homeownership

Taking the Stress out of Homeownership

October 13, 2017 by Page Innis Leave a Comment

1) Finding the right real estate agent you connect with. Your real estate agent should be highly skills and a good fit with your personality

2) Remember, there’s no “right” time to buy, just as there’s no perfect time to sell. If you find a home now, don’t try to second-guess interest rates or the housing market by waiting longer you risk losing out on the home of your dreams. The housing market usually doesn’t change fast enough to make that much difference in price, and a good home won’t stay on the market long.

 

3) Don’t ask for too many opinions. It’s natural to want reassurance for such a big decision but too many ideas from too many people will make it much harder to make a decision. Focus on the wants and needs of your immediate family the people who will be living in the home.

4) Accept that no house is ever perfect. If it’s in the right location and has the least amount of negatives that you can live with. Don’t sweat the minor ones it’s the big issues like does the house need a new roof? Is it on a busy road?

5) Don’t try to be a killer negotiator. Negotiation is typically part of the real estate process, but don’t negotiate too much and know the buying climate that you’re entering when buying. If you’re in a tight market with limited inventory you might not be able to negotiate as much as if the market had tons of options.

6) 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, etc that you forget about important issues as noise level location to amenities, and other aspects that also have a big impact on quality of life.

7) Plan ahead. Don’t wait until you’ve found a home and made an offer to get approved for a mortgage, investigate home insurance 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.

8) Factor in upkeep and repair costs in the post-home buying budget. Even if you buy a new home, there will be costs. Don’t leave yourself short and let your home deteriorate 

9) Accept that a little buyer’s remorse is inevitable and will probably pass. Buying a home, especially for the first time, is a big financial commitment. But it also yields big benefits. Don’t lose sight of why you wanted to buy a home and what made you fall in love with the property you purchased.

`10) Choose a home first because you love it; then think about appreciation. Most important factors should do it serve your lifestyle and is everyone going to live in the home comfortable and feel safe and last enjoy calling the place you bought your home for years to come.

Filed Under: Buying

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Page Innis

Page Innis has been in working in Boston real estate for 18 years. The previous 16 years, she has been a member of the Gibson Sotheby’s International Team. Just like Gibson Sotheby’s she believes that all clients regardless of price point, should be given the white glove treatment. She has a broad range of experience in both sales and rentals throughout the metro Boston market and the Lakes Region of New Hampshire.

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Gibson Sotheby’s International Realty

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