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Common Homebuying Concerns, and How to Address Them

by Real Estate With Maghielse & Company, LLC 08/04/2019

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

Real Estate With Maghielse & Company, LLC

Having been a Real Estate agent for over 30 years now, I have helped literally thousands of families buy, sell and accomplish their Real Estate goals. Both my husband/partner and I grew up in Kent County, so we know the cities and their neighborhoods like the back of our hands.

I also have a strong eye for finding opportunities in the market and this, coupled with my knowledge of market trends and changes in the Real Estate industry, has led to a strong sales history of customer service that is reflected in the confidence and trust my clients have in me.

For over 15 years I have been in the top 1% of all Realtors in the Greater Grand Rapids Board of Realtors, a record of success very few Realtors can lay claim to. While it is essential to be sales driven, it is also critical to balance this by fostering a professional relationship built on trust and understanding with my clients because our end goal is always client satisfaction. You can see this reflected in the countless testimonials we have received from our clients. Stop by our office and ask to review them at any time, for smaller samples scroll to the bottom of this page or visit our YouTube channel at:

https://www.youtube.com/user/MaghielseandCompany

One of the unique advantages and key elements to our success is the team we have built here at Maghielse and Company. Working with us on the sale or purchase of your home, you have the advantage of a team with a broad array of talents supporting you in almost any situation and you should never experience that neglected feeling that can occur working with a single agent. I make it my business to exceed my clients' expectations and I won't rest until they have found a great new home, or sold their current property and are beyond satisfied with the results.