Emotional Mistakes
Don’t
be fooled – we do nothing in this life without an emotion (or two, or three…)
attached to it. That goes for
homebuying (and selling) too. It’s
understandable, after all, since buying a home is one of, if not, THE biggest
purchases a person makes in their lifetime.
There’s bound to be lots of emotions attached to such a huge decision. But what we, as realtor’s, don’t want to see
happen is a HUGE EMOTIONAL mistake. Here
is a list of 5 of the most common emotional mistakes associated with buying a
new home.
It’s situations like these
that necessitate a need to have someone in your corner who can help you through
the cloudy waters of the home purchase process and help you make sure you are
making a smart investment, not an emotionally driven purchase.
We’re here to help! Give us a Call Today!
Mick and Jane Goebel, The
Goebel Team
Murphy, NC – Your Experienced
Real Estate Professionals
Click
on the link below to read the entire article and be sure and watch for next
week’s blog where we will discuss the emotional stages of homebuying.
Mistake No. 1: Always looking for a
better deal
Markets
are always fluctuating so don’t get so caught up in finding a better deal. Just be smart, do your homework, know the value of the area and
the home you are buying, and be sure it meets your family's needs.
Mistake No. 2: Falling in love at
first sight
Infatuated buyers who leap at a
property tend to overlook the value of the process itself.
Mistake No. 3: Overpaying for perfection
On the remote chance that a buyer
does find perfection, the emotional attachment will sometimes become so high
that the buyer will overpay or overextend themselves financially.
Mistake No. 4: Equating 'short sale'
with 'deal'
A good deal is a matter of the
property's historic price, current market conditions and the home's features,
as well as the buyer's own needs.
Mistake No. 5: Lowballing instead of negotiating realistically
Buyers can come in with unrealistic
expectations about what a property should go for, says Hamersley, adding: It's
best for a buyer to make a realistic bid not too far off from where he or she would
ultimately like to end up.
