Six Ways to Beat the Stress of Buying a Home
Death, Divorce and Moving are the 3 most stressful experiences in life.
There are two very different kinds of needs that people have while moving.
1.There are transactional needs:
a. finding the home that is just right for them
b. finding a seller who is realistic
c. negotiating the price
d. filling out the paperwork
e. handling the escrow and
f. arranging for the move.
2. There are also emotional needs that are involved when moving, and this is where the biggest stress comes in. Any competent agent will handle the transactional needs for you, but if your emotional needs are unfulfilled, youíll be frustrated and may not act in your own best interests.
The ideal real estate agent is one who is competent with paperwork and numbers, but can also guide, direct and counsel you through the emotional ups and downs of moving.
Here are the six best ways Iíve found to beat the stress.
1. Begin with the end in mind. Have an ultimate scenario of where youíre trying to be. What will life be like when you get there? How will it be better than where you are now? Dwell on that picture and write it out, fill up at least a page about how it feels in the new place. This is imperative. Having the goal in front of you at all times energizes you to achieve it, in spite of setbacks and frustrations. Emotions will run high and you need an anchor. You too must focus on that future goal when anxiety threatens to get the better of you.
2. Be flexible. In your monetary calculations, overestimate by a thousand dollars. In this market, anything can happen between contract acceptance and closing. It could be the inspections reveal areas of concern that the seller is unwilling to fix or the repair costs are higher than the amount limited in the contract. Or the interest rate changes, which affect the necessary down payment and closing costs, you will need to come up with. As your real estate agent, I will strive to tie up loose ends as quickly as possible, but remember there is no perfect world. Most buyers feel a bit overwhelmed when taking on a new mortgage and the responsibilities of a new home. Weíve seen many buyers get angry when it seems like the cost just keeps going up. Anger is caused when reality doesnít match up with the expectations you had in your mind. So if you anticipate this happening in advance, you wonít get angry. In fact, itíll probably go better than you expected.
3. Trust in the process. Thereís just so much to do, itís easy to panic. You wonder if it will ev