Coco, Early Associates/Salem

Costly Mistakes that Homebuyers Make

by Marion White 03/18/2019

For most homeowners, a home is not just a property with four walls and a roof over their head. Over time, it becomes a place that reminds them of sweet memories spent with family and friends. Buying a home is expensive, and as a result, it is essential that you relegate any form of emotions and apply business-minded strategies in making good decisions. With this in mind, here are some costly emotional mistakes home buyers make and how you can avoid making them.

Falling in love too quickly

Buying a home can play with your emotions. But you must balance your dreams with the realities of your budget. Turn a deaf ear when the agent tells you "Oh, this house was made for you," or "It suits you perfectly," Focus on what you want in terms of space, location, maintenance, and the price. If you are buying a house, buy the one you need rather than what you want.

Allowing others to "steer" the process 

Agents and family members can be assertive in attempting to "tell" you what home to buy. What's more, friends who won't even live in the house will aggressively offer opinions about the subject. In an attempt to please others, some homeowners get highly emotional and buy a house they never liked. It is your house, and you will be the one living in it. Friends and loved ones only visit. So put yourself in charge of the buying process. 

Overpaying for a property 

Another common emotional mistake homebuyers make is paying too much for a property. Buyers—especially new ones—always tend to become desperate to buy a house or buy a house in a popular area, and most time, they end up paying far too much for the property. To avoid overpaying for a home, keep your emotional side locked and check the prices of similar houses in the area to avoid being ripped off. 

Putting the pen on paper too soon 

Generally, before you purchase a house, you need to sign a contract and pay a deposit. However, don't get too excited and sign the contract immediately you make the decision. Take your time to read through every line of the agreement. Also, get a seasoned lawyer or property professional to guide you, to ensure your interest comes first and insert any needed clauses. It is tough to make changes once you sign a contract.

Although buying a house can be an emotional experience, it is also an exciting time. Avoiding emotional mistakes, doing your research and keeping a calm head should help you to get a good home that meets all your needs.

About the Author
Author

Marion White

As a full-time and results-driven REALTOR, with high expectations for myself, I am committed to helping you buy or sell a home.  I thrive on goals, challenges and results.  My effort, determination and commitment will remain steadfast throughout the process.  I have 21 years of Residential Real Estate experience.  I have been a resident of Plaistow, NH for 43 years with 2 Children and 3 Grand Children, I enjoy the game of Golf as a player and spectator as well as Football and Baseball.  I carry a multi-faced background and professional approach to Real Estate.  My professional affiliations include:

     *New Hampshire Association of Realtors

     *Granite State South Board of Realtors

     *Northern New England Real Estate Network (NH MLS)

     *Massachusetts Property Information Network (MA MLS)

     *Showcase of Homes on Realtor.com

Welcome to your resource for your southern New Hampshire, Rockingham County and Essex County Massachusetts real estate needs! If you are seeking a licensed REALTOR® that provides professional representation and a high caliber of service, I specialize in providing customers/clients with personalized service in finding both a home and a community that meets their needs. Whether you are a first-time Home Buyer, Relocating or Purchasing or Selling, I welcome working with you!  That means finding the exact home you're looking for, or selling your home promptly and for the best price. It means not having to worry, even if you're new to the real estate arena, or if you're moving thousands of miles away.

You need an experienced professional. I will put my knowledge and experience to work to help you make your move pleasant one. Make your choice wisely. The agent you choose will help you make many important decisions. No one will work harder or more professionally.  Effective at communicating, marketing, negotiating and selling real estate for clients,  As a full-time REALTOR®, and long-standing resident of New Hampshire, I am committed to achieving your real estate objectives and goals with the highest professional standards. I take great responsibility in the your most important financial investment with me 

With 17 years of Residential Real Estate experience I believe in keeping my clients well-informed throughout the real estate transaction, in order to allow you to make informed and educated decisions. I make myself available to my clients by phone, e-mail and text, all calls or correspondence are returned promptly.

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Marion J.White,  Licensed REALTOR® New Hampshire & Massachusetts, Coco, Early & Associates 

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