4 Little Ways to Promote Peace of Mind and Positivity During Your Home Search
It’s hard out there for a buyer right now! This market is crazy. There are very few homes on the market and when they do come up, you have to race to see it and get an offer in. Let’s discuss some ways to stay level-headed during this anxiety-ridden time.
Buying a house is already a stressful undertaking, but this market has created even more stress for a buyer. This realtor.com article provides 4 little ways to promote peace of mind and positivity during your home search this buying season.
1. Expand your search options. You may know you only want to live in a certain area of town or only want a walk-in closet or will only look at fenced-in backyards. Create a list of your non-negotiable factors, but open your mind to these possibilities:
Would you be willing to look in other areas of town?
Would you look at less square footage?
Would you consider a home that may need some updating?
By thinking through these possibilities, you may open your search to more selection and different price points.
2. Avoid Financial Guessing. Interest rates are going up. Home prices are going up. Home insurance quotes are important to know. There are many mortgage calculator tools out there, but we suggest reaching out to a home insurance company to begin getting an idea of costs. You don’t want there to be any surprises financially, so create that home-buying budget and don’t forget to include home insurance costs.
3. Work with experts you trust. This is very important. Referrals are the best way to find local, trusted real estate agents, mortgage lenders and home insurance companies. We always suggest going local. The local companies KNOW the market they work in and can usually give better customer service than online competitors.
4. Don’t put pressure on your timeline. Yes, you MUST be able to make a quick decision in this market. But it is ok if you take a much needed break from the action. Just like you need a break from work, it is also ok to take a break from the housing search. It can be a good idea to step away, breathe and know that the right house will come along. It just may take extra time in this market. This is where a good real estate agent comes in. Your agent should recognize this and give you that much needed break.