Now, more than ever, it’s important to manage your stress levels when buying a home. After all, stress can lead to making bad decisions during big purchases, which is the last thing you want to do in this economy. If you can find a way to cut down the stress associated with the purchasing process, you’ll be better able to evaluate your decisions and make the right choice for you.
Here are some things you can to do keep your stress levels down while you buy a house.
The most important thing to figure out before you buy a house is how much money you can afford to spend. It is essential to have a budget in mind before you look at properties, and you should avoid looking at properties that exceed this budget in case you find something that you fall in love with, but simply cannot afford to live in.
While going over your budget, you should also look at getting prequalified for a loan. If you’re prequalified, you will have a better idea as to how much money you could borrow towards buying the house. If you don’t get prequalified, you can still look at properties within your budget, but keep in mind that in some instances a bank might not be willing to lend you what you think you qualify for. If you find yourself in that situation, then you could easily lose out on a house that you really liked.
Do Your Homework
Once you have your financial situation settled, then you should begin doing your homework. Visit neighborhoods that interest you. Check out trends in listing prices versus what price the homes actually sold for. Talk to friends who have gone through the home-buying process and ask for their advice. Don’t let the home-buying reality shows fool you: the process is far more complicated than you can imagine. The more preparation you can do, the less stressful the entire process will be.
Get a Realtor You Trust
Working with a realtor you can trust will significantly decrease your stress levels. Realtors will handle all of the details of the process, giving you the freedom to consider the bigger picture. Keep in mind that your relationship with your realtor will affect the process. Some people are comfortable doing business with friends, while others prefer having a strictly professional relationship.
Finally, before you complete your purchase, make sure you get a home inspection. Most likely, your realtor will set this up for you, but if not, insist on it. A home inspection will give you a great sense of what exactly you’re buying with your hard-earned money. A home inspection will eliminate the worry you might have over the unseen faults of your house. It’s better to see the faults up front so you can plan how to address them, rather than discover them on your own a few months after the purchase.
This guest post is contributed by Kitty Holman, who writes on the topics of nursing schools. She welcomes your comments at her email Id: firstname.lastname@example.org.
Post By Audeliz Angie Perez (160 Posts)
Angie Perez is a NJ Circle of Excellence award winning real estate agent for Weichert, Realtors in Edison. She sells anywhere from 12-25 houses per year on a consistent basis since 2005. Ms. Perez is primarily a buyer's agent on 60% of her real estate sales where she represents rental income investors, first time home buyers & trade up home buyers of 1-4 family homes within specific towns encompassing 4 NJ counties: Union, Essex, Middlesex and Somerset County. Many of Ms. Perez's clients appreciate her ability to negotiate favorable real estate deals for them. Many of her clients commented that her research abilities, her honesty, her knowledge of local market trends and her proficiency to manage multiple real estate transactions from start to close are some of the reasons why she was hired as their agent of choice. Please call, text or email Angie Perez to ask if she lists or sell in your town. If she can not help you, Ms. Perez would be more than happy to help or refer you to someone who can.
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