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Do Not Let Your Emotions Deter Your Home Buying Decision

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Do Not Let Your Emotions Deter Your Home Buying Decision

Did you know that 80% homes are bought on “emotion”? Seems a little scary to make one of the most important financial decisions of your life with “emotion” as a factor˳ One of the best ways to substantially reduce this “emotion” factor is to hire a real estate professional˳

We tend to let our emotions take control when we walk into a beautiful home that seems to be perfect for the buyer and/or their family˳ It feels comfortable, is the right size, has the bedrooms or additional rooms we are looking for, and seems to be priced reasonably and so on˳

If you have a family with children, schools are an important part of your buying decision˳ It is very important to follow through with the knowledge your real estate agent provides to you˳ Go visit the school where your child would be attending˳ Talk to the Principle, look at test scores and most importantly verify that the school boundaries are not changing anytime soon˳ School boundaries do change in an ongoing growing city or community˳

Here are a few of the concerns you should also consider that could affect the current or future value of the home˳ These all play a role in location, location, and location˳ They might include:

1˳ Power Lines

2˳ Airport Noise

3˳ Privacy of the backyard

4˳ Major or Interior Road behind the property

5˳ Sun exposure of the property

There are many other things to consider that your real estate agent should bring to your attention˳ You should be provided with a pamphlet that will provide all other concerns you might have such as crime, pest infestation, mold, etc˳

Of course not paying over market value is extremely important˳ The buyer is usually protected by the appraisal˳ If the home appraises for less than your offer then you are able to re-negotiate the contract with the seller or walk away˳ Be sure to review the comparable sales that your agent will provide to you˳ Be sure the recent sales are in the immediate neighborhood, not over 6 months old and are similar in square footage and bedrooms˳

All of this information is a lot to take in and another reason why you should hire a real estate professional˳ Be sure the real estate is professional and exclusively represents YOU, the buyer and not the seller˳ Be sure they have years of experience in real estate˳ Look for realtors with designations such as ABR (Accredited Buyer Representative) or CRS (Certified Residential Specialist)˳ This is a good sign they have that experience˳

Buying a home should and can be a very enjoyable and stress-less experience˳ You should be emotional and excited but be thorough in your decision making˳



Source by https://ezinearticles˳com/?Do-Not-Let-Your-Emotions-Deter-Your-Home-Buying-Decision&id=4230979

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