We get it – buying a home can be a stressful experience. But buying during a pandemic and an economic downturn is enough to unravel even the steadiest people among us. Buying a North County San Diego home is a huge life milestone and a major financial transaction, so it’s understandable that it can make you anxious. But there are ways to beat that stress and calm your nerves. Here are some tried-and-true tips for putting some Zen into your home buying experience.
Fear of the unknown is a huge trigger for most people. When you shed some light on a situation, suddenly the scary things in the shadows are gone. How does this translate to your home buying experience? Educate yourself about the process. Research the steps of buying a home so you know what to expect. Find out what some of the common pitfalls are that you may encounter. Read all the documents that you sign. And don’t be afraid to ask questions. Your agent has done this all before and can help clear up any confusion you have about the process.
Make a list
If you’re the kind of person who loves to make lists, then this tip will delight you. Keep a list of all the things you’re looking for in a North County home. What size home would you like to live in? How many bedrooms do you need? What community is most appealing to you? Get really clear about what you need – know your dealbreakers. And also know what things you can be flexible about. This way you’ll know when you’ve found the right home. You won’t have to stress about whether you’re making the right decision when you put in an offer.
Work within your means
This one’s a biggie – only buy a home that you can afford. It seems silly to say this, but it’s not uncommon for homebuyers to get a little carried away once they begin looking at homes. Understand your financial situation and know what your budget is. Take into account things like your down payment, closing costs, and other fees you’ll incur during the process. Make sure you’re comfortable with your monthly payment. You can avoid serious financial stress when you stay comfortably within your budget.
Check your credit report
Lenders will be checking your credit report to determine whether or not you qualify for a loan. Your credit score will also help determine how low your interest rates can be. Unfortunately, many homebuyers discover they have errors in their credit reports after they’ve applied for a loan. This can be a serious stressor because those errors will affect your ability to get a loan. Instead, order a copy of your credit report well before you begin your home search. Check it for errors and take the necessary steps to have them removed from your report. This process can take several weeks or even a few months, so it’s best to start early.
Work with the Clark & Gilman Team
Finally, the best way to combat home buying stress is to work with an expert! The agents at the Cristine Clark & Jamie Gilman Team are experts in the North County San Diego housing market and have been helping people buy homes for years. Contact us today at 760-758-1211 or [email protected] to get started!