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How to have less stress when buying a home – tips from a pro

by Kenny on April 15, 2020
How to have less stress when buying a home – tips from a pro
A real estate transaction can be an emotional roller coaster, especially for first-time buyers. A home is not an everyday purchase—you’re buying your future, the place where your kids will grow up and a lifetime of memories will be made. And a house has a much higher price tag than anything else you’ve ever bought. 
The money and emotions make up a big cocktail of stress. The vast majority of buyers experienced various states of nervousness, crying, anxiety, and arguments
As someone who has been involved in numerous real estate transactions, I concur that it can be stressful. However, there are a few tips you can keep in mind to feel more in control and have less stress with your transaction:

i) Your broker has seen the problem before.

A real estate transaction is rarely smooth. Buying a house is a complicated transaction involving notaries, mortgage lenders, condo associations, banks and lastly, emotional people.

You should know that getting from point A (making an offer) to point B (actually closing) will involve challenges. You might find a problem during the inspection or your seller might have second thoughts. Whatever the problem is, know that your broker has seen it all before and knows how to solve it.

ii) Cold feet are totally normal

As clients get closer to closing, there are often problems where there once were no one. Suddenly the kitchen looks crooked and the ceilings are too low. And wait, was the living room always so small?  

When the reality of the purchase sets in, the emotional floodgates open: Is this the right home? Am I spending too much? Should I spend more? Will I love this? There are so many other houses, why am I buying this one?

Sure, you could look forever,  But the truth is, sealing the deal on a house (any house) is hard. It’s easy to second guess your choices when making a purchase of this magnitude. Know that the feeling of ill ease is incredibly common, and it will pass.

iii) Remember why you fell in love.

When the going gets rough—the paperwork is slower than you’d like or the inspection report has more questions—and it feels like you just want to toss your hands in the air and give up, remember why you fell in love. What was it about the property that made you want to snap it up? What about this home called to you?

When the obstacles arise (and they will), envision yourself entertaining friends in that amazing living room with the huge windows. Let that vision inspire you to keep a positive mindset. Remind yourself that it will be worth it in the end when you’re sitting on your balcony watching the sun set.

I know the stress and anxiety over buying a home can be real, but generally the best things in life come with challenges, But that doesn’t mean they aren’t worth all of the effort.

When buying a home, stay focused on that end goal: moving in, decorating the space, building your amazing life. Once you’re settled in your new home,  you won’t remember the glitches, the waiting, the years left until you pay off your mortgage or how deep you had to dig into your reserves of patience. You’ll look around at your home, the one you bought, and think that it was all worth it.

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