It doesn’t matter if you’re a first-time home buyer or seasoned home buying vet, buying a house is stressful. It’s a complex process that may involve what could be the biggest financial investment you will make in life.
The best way to minimize the stress involved with the home buying process and with fewer bumps is to worry about what you can control. Here’s three surefire ways to minimize your home-buying stress.
1. Talk to an Experienced Mortgage Professional First
It’s always advantageous to speak with a mortgage professional before bidding on houses. One of the most devastating feelings that homebuyers experience is falling in love with a property, only to learn that they’re ineligible for financing. It’s best to get all the financial pieces lined up from the get-go.
A knowledgeable mortgage professional will be able to offer several home loan options, and should be able to give you an estimate on how much money you’ll need for down payment and closing costs.
2. Decide What You Want in a Home
A real estate agent can’t read your mind; if you’re indecisive about what you are looking for you may find yourself looking at houses that just don’t match your needs. From the number of bedrooms to the age of home; be specific in providing your agent a little direction.
Characteristics to take into consideration include:
- One-level or multi-level
- Number of bedrooms and bathrooms
- Type of exterior
- Practicality of the floor plan
- Desired square footage
- Type of housing (condo, townhouse, or single-family home)
- Distance to work
- Age of the home
- School districts
3. Be Flexible
Now that you have a thorough list of what you’re looking for in a house, know that there is simply no such thing as a perfect house. Learn to be flexible. Don’t compromise on major requirements, but instead prioritize your wants and determine what you can’t live without.
If you’re ready to get started, contact me today! With home affordability and interest rates still at great levels, now is the time to buy! I can provide you with a free, no obligation mortgage evaluation that will get you started on the path to your new home.