MISTAKE NO.4
BUYING WITH YOUR HEART, NOT YOUR HEAD
For most people, buying a house is one of the most significant investments they will ever make. Therefore, it is not surprising to learn that the home buying process can be a highly charged and emotional process. However, the key to getting the best home for you and your money is to keep emotion out of your home selection as much as possible.
The best way to go about this is to devote some time and give it some real thought. Sit down and discuss what features are most important to you and your family. Create a list of your needs and another list for your desires. Then present these lists to your real estate agent.
One of the ways I help my clients is to provide them with a Buyer Questionnaire. It forces them to sit down and truely evaluate what is most important to them in a house and what is less important. It helps them create a clear picture of what they are looking for, and it helps me find homes that best fit their needs without wasting their valuable time.
The objective here is to not let yourself buy a property just because you fell in love with the kitchen or because it had a heated whirlpool spa. Buyers who buy emotionally and on impulse often wind up regretting their purchase when they realize that their home does not accommodate their true needs - not enough bathrooms, not enough storage space, etc. Additionally, if you do find the perfect home, don't let your emotion hinder your negotiating position. Once the seller knows your are excited, their negotiation muscle is flexed, and your ability to get the best price will be compromised.
Buying a home is exciting, and it should be a fun process. On the other hand, regret is something nobody wants six months later. Enjoy the process, but don't let yourself get caught up in it.
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Bryan VogtStrano & Associates, Realtors® - GMAC Real Estate(618) 355-5824---
O'Fallon IL Real Estate, Condos, Homes for SaleSwansea IL Real Estate, Condos, Homes for SaleBellville IL Real Estate, Condos, Homes for SaleScott AFB PCS Relocation---
# posted by
Bryan Vogt @ 2:08 PM