How Emotions Affect Your Decision in Buying a Home

Your emotion plays a significant role in home buying process. According to some experts, there are at least eighty percent of people bought their homes through their emotions. The emotional factor is considered as the scariest financial decision in life when purchasing a home for the family. However, there are means to avoid emotional factor when it comes to buying a home. And one means to avoid this, is to hire a real estate agent who is professional,  skilled and reliable.

When walking and seeing beautiful homes which you think  perfect for the family, you tend to be overwhelmed with your emotion. You think that these beautiful homes are comfortable and suited for the family. However, before you get carried away by your emotions, think about this. A perfect home must be near in amenities like;

  • school
  • hospital
  • police department
  • church
  • market
  • malls
  • parks

The above are needed when considering a home for the family.  To avoid over run by your emotion, it is important to follow the opinion of your real estate agent. Homes near the amenities, can save you some money without paying for the fare.

To make things easier, it is best to familiarize yourself with the effects of the future value of your home.  The location, location, location mantra must be applied here. The repeated word can help you remember that location is the most important to consider when buying a home. Try to think if the prospect home that you should buy has complete power lines, has good backyard privacy, far from the noise of the airport, and accessible to main roads. The   property must  also expose to sunlight.

There are still things to consider aside from the info written above. Your trusted real estate agent will help you bring your attention to other details like crime, mold, and other pest infestation in the area. One thing also that you must be aware of; is to become keen enough to the current market value. The home buyers are often protected by means of appraisal. If the appraisal of the property is low, then you need to negotiate it again.  Perhaps, you can leave the place and find another property. The agent will give you a comparable sales but be sure to review them properly. Consider the homes that have a good neighborhood, not more than 5 months of old, and have the same square footage.

These details are very important to consider when hunting for your dream house.  These are also the reasons why you need to get an agent that could help you in the home buying process. However, be sure that the agent that you get is very professional and have enough knowledge.  The role of the agent is to represent you during the home buying process. The skilled agent should be a Certified Residential Specialist (CRS) to make sure that he or she is reliable.

Buying your first home can be enjoyable and exciting. However, don’t let your emotions ruin your decision. If you are carried by your emotion, you will end up buying the wrong home for your family.


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