Common Homebuying Concerns, and How to Resolve Them

by Garrett W Burdick 09/30/2019

If you plan to buy a home in the immediate future, there are several concerns that you should address before you embark on your house search. In fact, some of the most common homebuying concerns include:

1. Lack of Home Financing

You know you want to purchase a house, but obtaining financing sometimes is difficult. Fortunately, if you meet with various banks and credit unions, you can review all of the home financing options at your disposal and map out your home search accordingly.

Remember, there is no such thing as a "bad" question to ask a bank or credit union relative to home financing. Banks and credit unions employ courteous, knowledgeable home financing specialists who are happy to assist you in any way possible. These specialists can respond to your home financing concerns, and as a result, help you make an informed mortgage selection.

2. Tight Homebuying Timeline

If you are tasked with relocating to a new home as quickly as possible, you may have to conduct a fast house search. But if you explore ways to maximize your time and resources, you could boost the likelihood of conducting a successful home search, regardless of your homebuying timeline.

Oftentimes, it helps to make a list of homebuying tasks that you need to complete. You then can establish goals designed to help you stay on track with your homebuying timeline.

You also should keep a close eye on the housing sector in your preferred cities and towns. That way, if a great home at a budget-friendly price becomes available, you can instantly pounce at this homebuying opportunity.

3. Establishing Realistic Homebuying Expectations

The homebuying journey offers no guarantees. If you enter the housing market with realistic expectations, however, you can avoid potential disappointments during your home search.

To establish realistic homebuying expectations, it generally is a good idea to make a list of home must-haves and wants. This list will allow you to hone your house search to residences that meet your criteria. It also can help focus on available residences that fall within your price range.

In addition, it often helps to hire a real estate agent before you conduct a house search. A real estate agent can teach you everything you need to know about finding and purchasing a house. Plus, he or she can provide expert insights at each stage of the homebuying journey.

Let's not forget about the assistance that a real estate agent provides when you are ready to submit an offer to purchase a home, either. At this point, a real estate agent will help you craft a competitive homebuying proposal and submit it to a seller. If a seller accepts your offer, a real estate agent then will help you finalize your house purchase.

Ready to embark on the homebuying journey? Address your homebuying concerns, and you can minimize risk as you begin your search for your ideal residence.

About the Author
Author

Garrett W Burdick

Garrett Burdick is a Real Estate Professional and has demonstrated repeated success as an entrepreneur whose innovation, proficiency, and out-of-the-box thinking have all earned him the reputation as a seasoned strategist across multiple industries. Over the course of a decade, he has cultivated extensive knowledge in real estate. Garrett, a licensed Real Estate Agent has joined a prominent brokerage Vanguard Properties in Marin County to offer real estate services for sellers and buyers. With several years as a Real Estate Professional he is equipped with local marketplace familiarity and renovation expertise. Ultimately, Garrett is on a mission to offer a top-tier, seamless, and stress-free transaction to each and every client, and serve as their trusted ally during one of the largest investments they will ever make in their lifetime.

Outside of his career, Garrett is an avid professional photographer who owns Birdman Inc Locations Services and Buzz Photo Booths. He even has a culinary background as a Culinary Institute of America graduate. Above all, he cherishes spending quality time with his loved ones in San Rafael. He is happily married to his wife Tanya, and they are the proud parents of two amazing San Rafael High School boys, Walker and Cooper. Whether you’re seeking a new home or are a homeowner interested in selling your property, Garrett is here to help you turn your goal into a reality. Feel free to reach out to him at any time with your inquiries and he will be more than happy to answer your questions.