Are You Sabotaging Your Home Ownership Prospects?
Have you been looking for your dream home for ages, but often find yourself frustrated that something always seems to go wrong? If so, it’s time to ask yourself if you may be self-sabotaging the process due to underlying anxieties. Read on to learn whether you’re just talking the talk, or whether you’re truly walking the walk, too.
Do you actively attend open houses and home tours?
If the answer to this one is yes, then you’re on the right track. Many prospective buyers fall into the trap of solely looking at listings online, and that’s not a reliable way to choose your home or to truly learn about the home buying process. The most reliable way to learn what you want – and what you don’t want – in your new home is to compare and contrast by attending open houses and scheduling tours of homes that appeal to you.
Do you always find something wrong with a property?
If you find yourself nitpicking every detail of a home, always finding fault, it’s time to ask yourself why. No home will ever be totally perfect for you – unless you decide to build – so you need to make peace with the fact that you’ll likely have to make some compromises on your path to home ownership. If you aren’t willing to do so, it’s a sign you’re not truly ready to buy.
Have you sought the advice of a realtor?
If you’ve spoken to a real estate professional, you’ve taken an important step! There are few things more complex than the home buying process, especially if you’ve never done it before. Hiring a real estate professional to help you find appropriate properties and walk you through the process is integral in landing the home of your dreams.
Are you putting off the mortgage preapproval process?
If you’re procrastinating about setting up a meeting with a lender who can get you preapproved for a mortgage loan, you’re doing yourself a disservice. Preapproval is important on several levels: it helps you understand what lenders think you can truly afford, it acquaints you with a local lender, and it provides an opportunity to ask common questions associated with a home purchase.
Image via Flickr/chrispotter