Buying your own home is one of the most beautiful moments of your life, but this moment comes with lots of stress and tension. But why to make this biggest purchase of your life so stressful when you have got plenty of ways that will cost you less money and hair.
WHAT ARE THE WAYS TO MAKE YOUR HOME SHOPPING A STRESS FREE EXPERIENCE?
EARLY BROWSING
Check some online listing for better options and make a list of the options. Early research helps you in better understanding what you want and what is available for you. Through surfing, you can get a better knowledge of what kind of homes are available and the location, the size of the houses, and the price range. As you browse, make a list of your preferences, including the housing styles, layouts, locality, distance to work, school, markets, etc. Once you start browsing, you will get a better understanding of what you want.
MANAGE YOUR EXPECTATION
Expectations are normal, but too many expectations are always harmful. Don’t get brain- washed by the color of the walls or the styling of the houses. Focus on the main aspects of the house. You will not get a 100% dream house, so stop aiming for a bird’s eye but rather focus on the wider picture considering layouts, number of bedrooms, neighborhood, amenities like gym, pool, electrical, plumbing, etc.
KNOW YOUR AGENT
As far as the decision is concerned you more often rely on an expert opinion i.e., Real Estate Agent . An expert will guide you more promptly on choosing a home for you with his experience. With their knowledge in this process, a good agent will be able to provide you a better property as the market you are working in and can easily provide you with better amenities and price options provided that he knows what you are searching for.
Also, keep in mind that there are agents in the market that are purely customer focused and impartial too. Most of the agents get around 3% of the commission in every deal they crack. So, there are chances that they provide you high rate deals to earn more profit. So be aware of such agents and don’t go according to the customer feedback. Rather get a trusted agent, whom your known one had hired, and you have better background knowledge about him. Otherwise, the beautiful deal of your life will turn into the most disastrous mistake.
CHECK YOUR FINANCES
You have got a trustworthy agent and cracked a wonderful deal, and you are all set to buy your home, but you don’t have your own finances. Then you start looking for some loan process, applied for but get rejected for stupid reasons. To avoid such situations, be ready with the documentation part. Keep a record of your incomes from the past three to four months and income tax returns of the last few years.
Don’t forget to keep saving for the down payments (20% is ideal, but 5% is a must criterion to qualify a conventional loan).
BE TECHNICAL FRIENDLY
Now everything is available on your smartphones and laptops. Be it searching for a good location, amenities, comparing prices, getting finances in a row, applying for a loan, or choosing a trustworthy agent; everything is in your hand. All you need to do is let your fingers do some taping, and you will get better options, opinions, prices, etc.
Don’t stress, relax your mind, and choose what is best for you. Go slow without hurrying. Make this deal the best deal of your life and get yourself a dream home.
