When you have decided to sell a home or buy a new place, it can start you on quite the adventure. Some of the surprises that pop up might drive your stress level through the roof. Remember the process of purchasing or listing a house does not have to be as difficult if you anticipate potential issues, prepare for problems and know how to cope with any stress you develop during the process.
Anticipating issues that may arise
When you decide you want to buy or sell a home, you should go in knowing that it may wind up being a long and tedious process. Finding the perfect home in a good neighborhood that is close to work may not be as easy as you may initially think. Additionally, selling your home within two weeks might not wind up being a reasonable goal. Know that when you enter the world of real estate there may be more time devoted to the process than what you initially anticipated.
Make sure you are not rushing through the process either. A home is a huge investment, and buying a new one or selling the one you currently own should not be taken lightly.
As a buyer, it may be tempting to try and move through the process quickly - especially if you have been searching for awhile. Bankrate noted that ignoring problems or issues with a home or skipping a home inspection can lead to problems and expensive repairs. Avoid stress in the future and always ensure that you have a home inspection completed.
When selling, do not let buyers take advantage of you. Remember that you do not have to adhere to every one of the demands that they make. If a couple will only purchase the home if you invest in a new roof, heating and cooling system and appliances, you can pass up their offer entirely. When buyers are unwilling to negotiate and making outrageous demands, do not waste time attempting to reach a compromise. Focus your energy on more reasonable potential buyers. Avoiding high-pressure situations can help you keep your stress down.
Understanding the home inspection
A home inspection gives an unbiased professional the power to provide the buyer and seller with a report that indicates what issues are present in the home. The National Association of Certified Home Inspectors noted that a hired individual will report on major features of the home, like the heating and cooling system or foundation. As a buyer or seller, you should anticipate some issues to come to light from a home inspection. No house is flawless. Yet that is no reason to let a home inspection report stress you out. It is common for sellers and buyers to negotiate potential repairs that need to be completed before the sale of the home.
If you are selling a home, you may consider having a home inspection completed before you list to ensure there aren't any unexpected issues that may contribute to stress. This is also a great opportunity to fix the more substantial problems in your home.
Coping methods for selling and buying
When you are selling or buying a home, it is important to keep any tension or pressure in check. There are a number of ways to help you cope with the stress that may arise as you become more invested in the buying or selling process. The Center for Disease Control and Prevention recommended finding healthy ways to alleviate your stress. For instance, it is crucial to make sure you get enough quality sleep and eat a healthy diet. Most importantly, you should take a break if you are feeling overwhelmed. Take a step back and call up a friend or family member to go out to eat, visit a museum or watch a movie.
Take advantage of having others there for you. If someone offers to cook a meal, watch your pet or just be someone you can talk to, it can really help relieve some of the stresses associated with buying or selling a home.
You may also want to consider signing up for a yoga class to help relax or check out a more intense option like kickboxing to alleviate stress. If you do not want to spend extra money on a class during this process, start running or make time for activities you enjoy doing, like reading or crafting. Try to set aside a certain amount of time each week for an activity entirely for yourself.
Trulia also noted you should remember that there are some aspects of the homebuying and selling process that are out of your control. Do not let every issue or problem bother you too much. It is important to keep in mind that you are embarking on a new journey which will lead to a wealth of different experiences.