You swoon immediately and imagine a picture-perfect life together for many years ahead. Youâve fallen hard, very hard âŠ.But wait! Weâre not talking about your latest date but rather a home you saw while house hunting.
Yes, buying a home is like falling in love.
You can expect to go through the same ups and downs, emotional tugs and pulls, and even similar stages: being totally smitten, getting your heart broken, eventually learning from your mistakes, and becoming wiser and more serious on your quest for âlove.â
All is fair in love and war ⊠and house hunting! Weâll show you how to make the most of your journey in finding a home you love.
Everyone remembers the devastation of their first heart break. You feel a sense of loss, guilt, and extreme emotions on what you may or may not have done wrong.
Guess what? Buyers have that too.
Sometimes you have to lose out on a property you absolutely love before you can get serious (and braver) about home buying. Hereâs what you can learn from going through this disappointment:
What this means as a buyer: You must be ready to put a competitive offer in right away and be the utmost prepared with your maximum budget, financing, deal breakers BEFORE you begin house hunting. By going through this disappointing experience, youâve also gained some additional self-awareness on what is really important to you in a home, why you want to become a homeowner, and that youâve got to open yourself up to negotiation and strategic tactics to seal the deal!
What this means as a buyer:Use those feelings of regret as an advantage, and turn it into a positive. You now are a wiser, more seasoned buyer who better understands how the housing market really works in that particular neighborhood and price range. Donât waste time wallowing; dust yourself off and keep looking at homes since new inventory and listings will come on the market.
What this means as a buyer:What happens if you canât get that master suite bathroom out of your mind from that last home. Or that awesome deck out back. You could go on and on comparing your first heart break with other homes. Stop. It. Immediately. Go back and focus on your original list of must-haves, deal breakers, needs and wants. Or, tweak it if anything has changed and get back out there!
What this means as a buyer: Yes, you will find a home and be happy! Most buyers get over their heart break and find a home that works for them and their family.
Do you believe in love at first sight? Or maybe have fallen in love with someone who might not have been the right choice.
Blinded by love or even desperation, we ignore any signs that this isnât the one really for us.
The same thing can happen to homebuyers. You could fall in love with a home or location that really isnât a good match for you and your family.
Unfortunately, some buyers can get swayed by emotion and start to make irrational decisions, especially if a hectic housing market is causing them anxiety.
Donât be a fool in love. Some buyers get hung up on an amazing or gorgeous home that just wows them ⊠but it really doesnât fit their familyâs needs at all (i.e., long commute to work, not enough bedrooms, too small or too big, too expensive, etc.).
Never settle for what doesnât feel right. Some buyers end up with a home that isnât good enough for them. Yes, home buying does require some compromise, but this refers to ignoring blatant issues with a home that could cause regret later on. For example, they didnât carefully consider some red flags about the homeâs structure, workmanship, etc. This can happen when buyers want a home so badly in a certain neighborhood.
Itâs times like this that you need to search for some clarity on your part to avoid falling too hard for the wrong home, whether youâre charmed by it or know itâs a dud.
You can fall in love with a home that works for you, for most of your needs, for you budget, and for your lifestyle. Buying a home is full of emotion, and keeping your heart and head in sync can save you a lot of heart ache down the road.
Get your priorities straight. We canât stress this enough but make a list of your must-haves and your deal breakers and stick to it! Donât be lured by a âhotâ looking home when all it might lead to heartbreak down the road for short-term bliss.
Know whatâs best for you. Only you know what will work for you and your family. Itâs your life so donât listen or be swayed by what your friends have to say. Keep your emotions in check as much as possible and make rational and smart decisions based on what is best for you and your family.
Seeâbuying a home IS like falling in love after all and you can think of me as your personal matchmaker.
Email me even if you are just in the thinking-of-buying stage. I like to start talking with my clients well before they are ready to start looking at homesâŠweâve got some work to do before you start going on datesâŠin this case to see houses đ
© Kaylynn Kelley 2021 | COMPASS
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