Buying a new home is exciting! It can be stressful, but when you get down to the nuts and bolts, it is very exciting because it is a new chapter in your life.
When some people buy a new home, it took them months to find it. Others found their dream within weeks of starting their search. Either way, don't fall into some of these common buyer's remorse features.
You went TOO BIG: you are currently cramped, closets too full and tripping over one another. But, do you really need a 5,000 sq. foot home? Probably not. Take a moment to take out the emotion of your current home situation and some of your frustrations and assess how much room you really need.
Awkward Layout: the house has so many good features, but it is practical? We looked at a home that had a TON of rooms, but looking back on it, it felt more like a maze because there wasn't flow to the layout of the home. Maybe the kitchen has an island. Step back and imagine yourself cooking dinner....will that island still be an asset or just in the way?
What's missing?: Prior to beginning your home search, think about what you love about your current home and what you wish you had (remember, this isn't a "money isn't an issue" purchase! This also isn't a home on Pinterest!) I've seen beautiful homes, but there aren't any cabinets in the bathrooms, where is the linen closet?, does it have plugs throughout the house? My current home is lovely, but you exit the master bedroom and you won't find a plug until you get to the kitchen or dining room....but I want one in the small hall and surely one other than the washer/dryer plugs in the laundry room!
Pool: Make a big splash with a pool IF you like to swim and realize they can be drain on time and money. Personally, I don't completely agree with this fact because we've had a pool for almost 7 years and we love it and we maintain it well and we don't spend extra-ordinary amounts of money on it...but that is because we maintain it (see the trend here?). If you aren't wanting to maintain it, or spend the money on a pool company, skip the pool and buy in a community with a pool.
Fads & Trends: “Today’s popular ice-white appliances, steel countertops, and Edison bulb light fixtures are yesterday’s saloon doors, linoleum, and brass hardware,” realtor.com® notes. Realize that some things are trendy and unless you are planning on living in this home forever, then you might have to change it when it comes time to sell.
Be smart and take your time. Buying a home will often be the largest financial decision you make; therefore, you want to be smart about all of the steps.
Be well my friends....until we meet next time.
Source: “Skip the Pain: 7 Things That Will Fill You With Buyer’s Remorse,” realtor.com® (Oct. 12, 2015)
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