While buying a new home can be scary, don’t let that stop you from pursuing your dream of homeownership. Yes, the real estate process can be a little intimidating, especially for first-time buyers. It’s normal to feel anxious when making such a big purchase. But if you know what to expect, it makes the whole process much less scary. Here are some common fears, and what you should know to keep them at bay.
I can’t afford it
While there is no denying that your home will probably be the most expensive thing you buy in your lifetime, that doesn’t mean you can’t afford it. In fact, with some planning and preparation, you can find a home that fits well within your budget. Some loans allow you to make a small down payment, eliminating the fear that you haven’t saved enough. And you can use an online calculator to determine just how much house you can afford before you even begin your search.
I’ll pay too much for maintenance
There’s no getting around the fact that homes require maintenance. Over the years, you can expect to spend money to fix problems or replace outdated appliances. But there are ways to ensure that you won’t be spending all your savings on upkeep. First, buy a home that has been well-maintained by the previous owners. Look for recent upgrades such as a new roof or new furnace. Better yet – buy a brand-new home. Once you’ve closed, be sure to perform regular maintenance so that small problems do not become big ones down the line.
I won’t like the neighborhood
When you buy a home, you aren’t just buying the house itself. You are becoming part of a neighborhood. When you’re searching for a home, be sure to take the location into account. Find out as much as you can about the neighborhood before you make an offer. Check out the crime rate, the local schools, and the kinds of amenities that are nearby. Drive around the neighborhood and see how other homes are maintained and whether or not your neighbors are out walking around. If you have the chance, talk to some of the neighbors before you buy. It has never been easier to find out about a neighborhood. Start by reading all about our North County communities on our website.
I’ll regret my purchase
Buyer’s remorse is a real thing, especially when making such a big purchase. The best way to deal with the possibility of remorse is to be very clear about what you want from the beginning. Sit down a make a list of everything you are looking for in a home. Include both the things you need, such as the number of bedrooms, and those things you’d like to have, like a basement that can be turned into an entertainment room. Only look at homes that are in your price range, and don’t be afraid to wait until the right house comes along.
I won’t have anyone to help me
Finally, if your biggest fear is that you’ll be going this alone, then contact the Cristine Clark & Jamie Gilman Team at 760-758-1211 or [email protected]. Our expert team has been helping North County homebuyers for years, and we’re available at any time to assist you with all your needs.