hen you're shopping for to a house and blurted "This is
your first home -- of any the one!" before even getting out
home for that matter -- of the car ... you've been a
it's easy to get caught up in the victim of "The One" syndrome.
excitement. And that's only
natural. There's nothing wrong with
feeling good about a house based
Buying a new home should excite on a first impression. Truth is,
you. But you also need to be first impressions say a lot about
analytical and realistic about a house, so they should be part
the home buying process. After of your decision-making criteria.
all, there's a lot of money on But you must remain objective in
the line. spite of your excitement. Here's
why:
Truth is, many buyers err on the
side of emotion. In their Emotion has a way of playing with
excitement, they overlook aspects our heads. A strong emotional
of a home or neighborhood that reaction can blind you to other
would normally turn them away. realities that would normally be
Next thing they know, there's a crystal clear. In home buying
contract on the table and earnest terms, this means you might
money in the bank. In short, they overlook serious flaws or
succumb to "The One" Syndrome. disadvantages about a house as a
result of your excitement.
What is this syndrome, and how do
you know if you're a victim? Here are some tips to help you
Here's a test: balance emotion with logic for a
safer home buying experience.
If, during your home buying
experience, you've ever pulled up 1. Pretend you're screening the
house for a friend, not for 4. When you find a house you
yourself. This will help you like, visit it more than once.
remain cool-headed and You'll be amazed at the things
business-like throughout your you notice the second time
visit. around, after your initial
excitement has worn off.
2. Another take on the friend
approach is to bring a friend Of course, if you're in a
along with you. A friend can give seller's market where houses sell
you an objective viewpoint and quickly, you'll have less time
might help you remember things for the tactics listed above. But
about a house you wouldn't it still pays to be objective.
otherwise recall.
Home buying brings out all kinds
3. Have a checklist before of emotions. That's only natural.
visiting each house. The list But for something that affects
should include all the things your life so dramatically -- and
you're looking for in a house, so financially -- it pays to keep
arranged by most to least a cool head. And don't worry,
important. Having them on paper you'll find "the one" soon
will remind you to check the enough.
house for them -- even in a state
of, shall we say, heightened * Copyright 2006, Brandon
emotion. Cornett.
About the Author:
Brandon Cornett is the editor of http://HomeBuyingInstitute.com, one of the Internet's largest and most respected libraries of home buying information -- more than 100 expert articles in 12 different home buying categories! Put this knowledge to use by visiting http://www.HomeBuyingInstitute.com.
Source: www.isnare.com
