Monday, April 26, 2010

How can emotions affect the homebuying process?


While it’s true that you’re about to make one of the biggest financial decisions you’ll ever make in your life, it’s important not to allow emotions to get the better of you during this process. When you walk into that absolutely perfect home, for example, bottle your enthusiasm a bit and instead look at the structure as an investment instead of a place where you’ll spend the next ten or twenty years of your life.
When you see the sign go up on that home around the corner that you’ve always dreamed of living in, try to approach every home with a critical eye and examine every inch, without shame. The seller who knows that a home has you by the heartstrings could use that knowledge to ask more than a fair price and/or avoid making necessary repairs prior to closing. Once you’ve given the home a critical review, have a home inspector do the same (should you decide to make an offer and sign a purchase agreement on it). Doing so will save you both money and grief in the long run.

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