This month, I am going to be bringing up some things that scare some of us. Some of these fears may seem small and trivial to you, but, when it pertains to fear, if it is a fear that you have, it's big to you, no matter what others think about it. My goal is to help give some tips to help relieve some specific fears and maybe some of the tips I give will help with someone's fears that aren't mentioned in the next few weeks.
First, I am tackling a real estate fear. The fear of whether you should sell your home or buy a new one. If you are stuck in that place where you are not sure what to do next, then read ahead and hopefully you can find some answers and some courage!
Determine if it's a Need or a Want - When it comes to making a huge life choice, like buying or selling a home, you need to make sure you have a very clear NEED to do so and not just a whim or a wish to. It is an involved process that involves not only a lot of people (your family, your lender, your title company, Realtors as well as your buyers, or the sellers you deal with and more) but a lot of different processes as well. Looking at houses online and dreaming is one thing, but, making offers on a home when you don't know if you can afford it, or just putting a sign in your yard to see if you get any "bites" can lead to all sorts of things you might not be ready for, which can truly be terrifying, so, decide first if it's something you really need to do.
Get Expert Advice - After you evaluate what your needs are, then find a Realtor and get advice on how to begin the process of selling your home or how to go about looking for one to buy. Find out what all it may take financially, what steps you need to take for you to be personally ready to sell or buy a home and what sort of physical steps you may need to take. You may need to get your house ready to sell by fixing some things or updating a few things. You will need to get financing approval before you look to buy a house. It's best to talk to someone who has been on both sides of the equation numerous times that can give you the best expert advice so you don't get ahead of yourself or get in a mess you aren't ready for either.
Figure Out if You are Physically Ready - You will know if you are genuinely physically ready or not after you talk to an expert or two, not only because they will tell you what to do to get your home or your finances in order, but you will either start to form a plan on how to accomplish those things right away, or, you will know that now isn't the right time for you and you need to do some other things before you are physically ready to take the plunge.
Emotional Fear Will Subside - After you have your advice, and plan in place, you may still "feel" a bit scared, especially if it's not something you have ever done before, however, when you have planned accordingly with the help of experts, the emotionally scary side will diminish as you see different steps accomplished during the process. In fact, when you get knee deep in the process of selling or buying a home, you will gain confidence as you go and look forward to having the process completed.
Buying or Selling a home can be an intimidating process, so having people around you that you trust who can help explain things as you go along is truly a blessing. Look for those people and start your home dreams now. Even if you aren't truly ready to buy or sell, it's never to early to start planning for that special big moment in your life! Of course, if you need the help of a Realtor, I know a few people that could help you out!
Until Next Time!
Jen Lush, Associate Broker and Mother of a Managing Broker Photo Credit: Tierra Mallorca