What Makes You Hesitate Before Buying A House?

 

So, you’ve decided to move out of your rental and find the perfect place to buy and call yours. You’ve even visited a few properties in the neighborhood already! And let’s be honest, it felt good to get in touch with your local real estate agency and tell them that you’re looking to purchase a house or an apartment. Except that somehow you’re not as ready for homeownership as you wish to be. You’ve got the cardboard boxes to pack all your items. You’ve got a list of your favorite paint colors for the new home decor. You’ve even got a home sweet home sign. But there’s still no home in sight. How come you haven’t found the home you’re looking for? The answer is simple: You might have already found it, but you’re still hesitating. In this is the case, it’s important to understand the exact nature of what stops you from committing to a home purchase. Indeed, if you can find the reason for your hesitation and address it, then you’ve got no obstacle left in your path to homeownership. From budget worries to environmental awareness, there are plenty of factors that you carry around like a burden. It’s time to stop ignoring them for good!

Can’t decide?

 

#1. Not finding the right loan

When you decide to purchase a home, you begin to handle amounts that are way above what you can conceive of everyday expenses. We’re not talking a few thousand dollar anymore. Homes can range from hundreds thousand to a million dollar, if not more if you’re aiming for the full-on Kardashian lifestyle. In other words, if you thought that your last shopping trip was expensive, you may need to reconsider! Consequently; for a lot of prospective homeowners, managing a home loan might feel a little overwhelming. After all, most of us can’t begin to visualize how much their dream home costs, because we’ve never seen that much money in one go. Consequently, the best approach for you is to work backwards and start by how much you can afford to pay every month. If you live in a rental, you can use your rent fees as a basis for calculations. Once you’ve figured out that part of the equation, your loan will be, in rough terms, the equivalent of paying the rent every month for 5, 10 or 20 years. Another common mistake is to apply for a loan too early in the process. You can give yourself one year to improve your credit score before applying for a loan, which will give you access to a variety of advantageous mortgages.

 

#2. House has been inhabited for a while

So you’ve fallen in love with an old house that has not have any inhabitant for a while? Let’s be honest: As charming as it might be, the house is likely to be infested by pests. Does it mean that you can’t buy it? No, we’ve never said you couldn’t fix the problem. But, if you’ve smelt mouse urine or seen cockroaches as you visited the place, it’s likely that moving in without resolving the pest issue might lead to serious health troubles. You might need to get in touch with a pest removal specialist to discuss the case and see whether or not it’s worth investing in the property. For cockroaches, for instance, an exterminator will need several visits to identify and get rid of them. It’s a lengthy process, especially if some areas of the property are difficult to access. Maybe, the best solution for you is to arrange for an accompanied visit of the property with an exterminator so that you can receive a detailed answer on the estimated duration and cost of the treatment.

What’s the best way to get rid of rodents?

 

#3. Hesitating on the location

You want a home, but you’re not sure where you’d want to live. Believe it or not, but this is a common issue, and it has a lot to do with the sense of finality that comes with a home purchase. How do you choose the best location for your needs? You can answer a few questions for yourself at first, such as whether you prefer an urban or suburban lifestyle, or even rural, as this will help to define target zones. Whether you’ve got children or not, you can decide to live in the vicinity of quality schools. In short, let your lifestyle define the location for you.

 

#4. The house needs renovations

Not every house that you will find on the market is in perfect condition. In fact, you’re more likely to find a property that needs renovation than a property that is ready for you to move it. But renovating doesn’t mean that it should break the bank. In fact, depending on the type of work that is required, you can easily improve the property on a budget. You can revive the kitchen or the bathroom at a lower cost with an elegant tile design, for example. Not only will it protect the room from stain and moisture, but it will also refresh it and erase most signs of wear and tear for a tenth of the cost of a kitchen or bathroom renovation project.

 

#5. The decor is bleak

Most properties on the market are decorated in neutral colors to help buyers perceive its potential. The main issue is that it also deprives the place of its charming personality, so it can be difficult to choose to buy a house that meets all other criteria if you don’t feel happy with its interior. Here’s a hint for you: A few decor changes can radically transform how you feel about the property. Artisan furniture, for a start, will bring a warm and unique ambiance, especially if combined geometric patterns in trendy colors on cushions and rugs.  

#6. It’s not green

You don’t need a new built home to protect the environment. With the right approach, an old house can become eco-friendly. Replace your bulbs with CFL bulbs which save 66% energy. Practice unplugging devices that you don’t use to save up to 15% energy. And finally, learn to repurpose and upcycle your old furniture!

 

Eco-friendly light bulb

 

Address your hesitation and make sure to find the best solution for them. Finding the perfect home is not about compromising; it’s about knowing what you can do to sort out disturbing issues that impact your final decision.


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