Are You Being Too Picky Of A Homebuyer

Are You Being Too Picky Of A Homebuyer

I know, I know, nobody wants to hear they are being too picky.  But...sometimes the truth is needed.  And, in this case, the honesty can help you streamline the house hunting process, allowing you to focus on only properties that might work for you, all while saving you the time and stress of looking at all of the wrong places.  I'd love to be a resource for you with anything real estate related.  Please feel free to reach out to me at www.michelleforemanrealtor.com or michelleforemanrealtor@gmail.com.


4 Signs You’re Being Too Picky to Buy a Hometoo-picky

If you’re shopping for a home, it’s nice to think you won’t settle for anything less than perfection. But come on, that’s kind of like holding out for the “perfect” partner—romantic, but unrealistic. Get a grip, folks!


No, we’re not telling you to just settle. But we want to make sure you aren’t one of those overly hard-to-please, pie-in-the-sky idealists who’ll end up with no home at all.


Check out these signs your pickiness level is off the charts and could stand for some tapering back.


Sign No. 1: You know exactly what you want—to a fault


It makes sense to house hunt with a few basic criteria in mind (open kitchen, quiet street). But if your wish list is airtight and hermetically sealed (i.e., you pass up a home because your furniture doesn’t fit in the bedroom), a great place could slip right past your radar.


So, the less ironclad your wish list, the better. Flexibility is your friend.


Sign No. 2: You’re searching for your ‘forever home’—even if it’s your first


They’re called “starter homes” for a reason: Odds are you won’t stay there forever. Starter homes may be too small, or too far from your office, or even a tiny bit too unattractive, but if it’s within your price range and satisfies some basics on your checklist, maybe you shouldn’t pass over it so fast.

     

Yet that’s exactly what many home buyers are doing these days: According to Bank of America’s Homebuyer Insights Report, 75% of first-time home buyers say they plan to forgo buying a starter home and instead are saving for homes that they’ll love for a lifetime, with 35% wanting to retire in the first home they purchase. That’s all nice, but you could end up waiting a whole long time before you can afford that. Why not build equity in a first home for five years before upgrading instead?


So whether you’re scouting school zone districts or making space for grandchildren before you’re pregnant (yes, this happens, says Flynn), don’t let fantasies of forever impair your judgment for the home you pick here and now.


Sign No. 3: You think home improvement reality shows are actually realistic


On TV shows such as “House Crashers” and “Property Brothers,” fixer-uppers are transformed into eye-popping showpieces in a matter of days. In reality, such renovations are extremely costly, complex, often nightmarish, and always time-consuming. Details are glossed over onscreen, raising people’s real-life expectations.


Sign No. 4: Your real estate agent’s getting exasperated


Good Realtors genuinely want you to buy a home you adore, so defer to their industry expertise whenever possible.


Make sure to find a realtor that gives buyers the time they need to make their own discoveries and decisions, but also respect their deal breakers: If a home isn’t a fit, let’s leave right away and not try to convince each other it will work.


Info from http://www.realtor.com/advice/buy/signs-youre-too-picky-to-buy-a-home/?cid=soc_20160425_60921386&adbid=10154223464142871&adbpl=fb&adbpr=35368227870


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Phone: 480-980-9025
Dated: April 26th 2016
Views: 1,032
About JP: JP Piccinini is an entrepreneur, philanthropist, proud dad and the Founder, Broker and Owner of JP a...

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