8 Ways To Stay Cool & Calm When Shopping For A New Home
02 Jan 2018
So, you’re buying (or thinking about buying) a new home. That’s fantastic news! How exciting!
However, we understand that for those buying a new home, there are many fears that can make you feel stressed out and worked up. So, while we highly suggest doing some yoga, maybe some meditation, and taking a relaxing bath, we have also collected a list of helpful things that will ensure you can stay as cool and calm as possible when shopping for a new home.
Most importantly, breathe. We get it, buying a new home can seem overwhelming and scary, but it doesn’t have to be that way. Start your search with a deep breath and an open mind. You’ve got this.
2. Consult A Financial Advisor
It is important that you talk to a financial advisor who can guide you through your mortgage purchase. A financial advisor will be able to advise you as to if you qualify to purchase a home, how to save for your new home, how much you’ll need for your down payment, what mortgage type will be right for you, and so much more. The more you know, the better position you’ll be in and the less stress you’ll have.
3. Talk To Your Family & Friends
Whether this is your first home, your first brand new home, or just your next home, talk to your family and friends. Having a soundboard to bounce your ideas and concerns off of will help to settle your anxieties and fears. Having a support system will not only calm you but it will also help to increase your excitement as they can share your exciting new adventure with you!
4. Do Your Research
Research is your most powerful tool, so research neighbourhoods, buildings, home styles, down payment options, and everything in between. The more aware you are of your situation, your options, and what you want in a home, the more likely you are to remain calm and cool as you make some tough decisions about your future property.
5. Make Decisions Step-By-Step
It is important to address each aspect of your purchasing journey step by step and not to try to accomplish everything at once.
The first step in your home purchasing journey needs to include checking your credit score and saving for your down payment. Once you understand your options, you may then begin researching available homes within your budget. Next, take some time to discuss your purchasing goals as well as what design and layout options are most important to you. Once you’ve found a home that fits your needs and budget, close the deal and take each step of the ownership and decorating process as it comes. Patience is the key to staying calm – never rush into a home purchasing decision simply due to excitement or being too overwhelmed. It will all come together in due time.
6. Don’t Be Afraid To Ask Questions
Whether you have questions for your lawyer, financial advisor, or builder – ask away! Don’t be timid when it comes to asking the questions that address your fears or concerns. When it comes to a purchase as large as a home, you cannot afford to bite your tongue. Knowledge is power, and you deserve to be completely aware and in the know.
7. Make Smarts Calls
Use your head and don’t just shop with your heart. Purchasing a home will likely be the largest financial commitment of your life, so your decision-making shouldn’t be made lightly.
While you may fall in love with a more expensive home that is out of your price range, remember just how much you’ll need to pay in additional closing fees – transfer taxes, legal fees, utility costs, etc. In other words, don’t bite off more than you can chew!
Making a smart call when it comes to purchasing a new home also means that you should do your due diligence to make sure the neighbourhood you’re moving into is safe and that the builder you’re working with is someone you can trust and depend on.
8. Let Yourself Be Proud & Excited
Relax, this is an exciting time! Pat yourself on the back. If you’ve gotten this far, you’re doing great! Buying a new home should be fun and filled with anticipation. Be proud and allow yourself to enjoy the journey towards your new home! Congratulations!
Contact Bradley Homes
Through our transparent, stress-free processes, we help people buy the homes they want with the lowest deposit in Canada, impose no hidden fees or strong-arm sales tactics.
If you should have any questions about our homes, builders, or our Bradley Homes benefits, please do not hesitate to contact us today – 1-866-404-6142.