Buying a home should be fun, not stressful. The following are some tips to make the home buying process a lot easier.
1. Call or email us (504-309-1700) Our agents can guide you through the purchasing process and reduce your stress. Since home buying is a large financial commitment, our contract and negotiating expertise will be beneficial to you.
2. Now is a great time to buy. Currently, buyers have more negotiating power than sellers because there are more supply of houses on the market than demand. Because of this, home buyers can find a great home at a great price.
3. Plan ahead. Get pre-approved on your financing before you start looking. This way you will know how much house you can afford and will make your offer more attractive to sellers.
4. 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.
5. Accept that no house is ever perfect. If it’s in the right location, the yard may be a bit smaller than you had hoped. The kitchen may be perfect, but the roof needs repair. Make a list of your top priorities and focus in on things that are most important to you. Let the minor ones go.
6. Don’t try to be a killer negotiator. Negotiation is definitely a part of the real estate process, but trying to “win” by getting an extra-low price or by refusing to budge on your offer may cost you the home you love. Negotiation is give and take.
7. 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 your quality of life.
8. Factor in maintenance and redecoration costs in your post-home buying budget. Most homes you purchase will require some maintenance (a leaky faucet, a squeaky door). However, even if there are no maintenance needed, most homeowners want to personalize their new home with a fresh paint color, or change out old light fixtures or faucets, adding new plants in the garden and etc.
Having a good REALTOR and being prepared are ways to reduce your stress level. So take one step at a time and soon you’ll be enjoying your new home.