The top 3 most stressful life events as rated by Americans:
Yep. It seems everyone dreads the process. Reasons given for cause of stress include:
- Deciding when and where to move
- Worrying about how much the bank will lend
- Finding the right home
- Negotiating, contracts, inspections
- What actually happens at closing
When we don’t know something, it causes fear and stress. Most people go through the home buying/moving process without really understanding what takes place.
Like facing that Algebra exam you didn’t study for, going into a major purchase (like a house) without preparing can elevate your anxiety levels to ‘off the chart’ status.
Arm yourself with a good team and knowledge of the process.
Finding and working with good mortgage and real estate professional(s) will greatly increase your chances of a successful transaction. Select carefully, find people who you can work with for the next few months (it may take even longer).
Get the knowledge before you start. This should be the first step. There are several books and eBooks (mine included) written by experts that will give you an idea of what to expect.
The more you know…the better you’ll feel!
Will this remove all stress from the home buying process? Probably not. But working with good people, and knowing what to expect will go a long way to make you feel better and more confident as you purchase your new home.
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