Finding the right home is just like finding the right partner for life. So it is quite an exciting, nervous and fearsome journey. Buying a house has a whole lot of checklist to be eyed on. You certainly tally the location, the neighbors, the budget, the documentation, and what not. But as we say, nothing is perfect in this life, and so the expectations of getting something perfect is a tough feel in itself.
So if you are our prospective reader, namely the ‘First time Home Buyer’, then you are of course worried and looking for a solution to your problems. Keep on reading and you will be at peace till the end.
So let us check down what might be fearsome to you along with some quick tips to overcome them.
Common Fears
Buying your own house is such a nice dream but when you walk out of the dream world into reality, you find challenges, unanswered questions, unwanted tips, improper guidance and so much more.
- Fear of Right & Wrong- Most of the time, you find everything right and the next moment, everything becomes wrong. In this overexcitement of buying a home, we generally miss out on our power of decision making.
Quick Tip- Take a deep breath, make a list of pros and cons, evaluate and inspect. - Fear of Failure- What if I can’t find my perfect home? What if I take the wrong decision? What if I don’t meet family expectations?
This fear of failing is very common in first-time home buyers and may lead to even quitting the dream.
Quick Tip- Take the experienced guidance of professionals. Maybe an agency or broker, discuss all your do’s and don’ts with them and shift your burden on their shoulders to make it easy for you. - Fear of Society- What if people find my house below average? Is my colleague’s house better than mine? What will my relatives say?
This fear of social status and leaving an impact on the people we know, set huge expectations. This will always lead to confusion and low decision-making power.
Quick Tip- Understand the fact that everybody is different and you only have a competition with yourself. Just work on to fulfill your dream and not to show someone else. This home should be your decision and not be influenced by anyone else. - Fear of Finances- Choosing a home in your budget is hectic. It often scales up with the final pricing. Taking debt/loan for the same and its repayment further becomes fearful.
This fear is very common and can deteriorate your dream even after buying the house.
Quick Tip- One should always be pre-prepared in terms of the financial aspects. Plan out well that you have enough savings and funds to live a stress-free life while repaying the loan. Don’t just buy a house on loan, but make a financial base first for yourself and then move ahead.
