You’re just days away from your closing date on your new San Fernando home, and yet, something keeps nagging at you. You feel regret. You wish you had looked a bit harder. You’re not sure your realtor really understood what you needed, and you wished you had slowed down the buying process. If you’re worried about having San Fernando real estate regrets, here are five simple ways to kick those regrets long before the closing date.
Stick to Your Budget
Sure, going a few thousand dollars over your budget may not seem like a big deal, especially when you’re not sure you’ll even get the house anyway. But when the sellers accept the offer, suddenly you’re on the hook for money you just don’t have. And what about the home’s bills?
Going off budget will only hurt you. You may not be able to pay large HOA fees or devote a few hundred dollars to keeping a pool. Keep your budget in line and stay on target.
Think About Your Repair Tolerance
Your soon-to-be San Fernando home didn’t seem to need a lot of repairs and renovations when you first saw it, but now that you’ve seen the disclosures and remember the home a bit clearer, you can just see the repairs piling up.
It’s more than a paint job. When you think about it, do you really have the time to dedicate to a large renovation project? Do you have the money? Are you prepared to live in a renovation for four, six or even eight weeks? If not, consider a different San Fernando home.
Remember Your Family’s Needs
You aren’t the only one who will be living in the home. Your spouse and even your kids have a needs list too. Your kids might be tired of sharing a room. Your spouse may want a little extra room for a hobby.
Get your family members to give you two or three must-haves from their lists. It will help you make a final decision later.
Check Your Gut
If you’ve got that sinking feeling, chances are you’re not doing something that you truly feel is right. Maybe it’s a combination of some of the above. You know the house is too expensive, and it isn’t even giving you all of your must-haves anyway.
Don’t be afraid to speak up if you feel that something is wrong. Be polite, but don’t keep it in. You might really regret it later.
Keep Your Emotions Under Control
A rejection from a seller should not be taken as a personal affront to you. At the end of the day, buying a home is a business transaction.
Some sellers have this problem more than buyers. They think of the work they did to their home, and they think it’s worth more than what the market says. Always look to market value over emotions. Just because you put a lot of hard work into your home doesn’t mean it will show in its price.
The best way to avoid San Fernando real estate regrets is to keep open and honestly with your realtor. If something is bothering you, speak up. Otherwise you could be saddled with your purchase for years to come.