Drama-Free Home Buying
Buying a home is a life-changing event, so it's easy to get caught up in all the drama. Minimize the stress of home buying with these 10 action steps, strategies & insider secrets, from real estate expert Tara-Nicholle Nelson.
- The home inspection reveals some nasty surprises.
Unexpected termite damage is bad, relative to your threshold for doing repairs, but you can still save the deal.
- Your home loan falls through during escrow.
This can happen, especially in today's market with lending guidelines constantly changing. Take a breath, focus and act quickly.
- You get outbid for the house you want.
Well-maintained, competitively priced homes in desirable neighborhoods will spark bidding wars. Be prepared.
- Your Realtor quits and leaves you hanging.
Real estate agents often juggle several clients at a time, and some do a better job than others. Know what to do if you get dumped during a deal.
- "I want to buy a foreclosure."
A distressed home doesn't always mean "bargain." The property may need work, and the buying process is more complex.
- "My partner and I can't agree on buying a fixer-upper."
DIY homes involve more time and money than most people think. And it may not be worth the price.
- "I'm overwhelmed by the commitment of homeownership."
Monthly mortgage. Repairs. Taxes. Insurance. It can be a lot for a first-time homebuyer to handle.
- "I lost my job while in escrow."
Losing a source of income affects whether you still qualify for the mortgage. Your contingencies should buy you some review time.
More Home Buying Resources
More Drama-Free Real Estate Resources
Drama-Free Real Estate Guide
Prevent real estate panic attacks with tips for drama-free home buying and selling.
Drama-Free Home Selling
Strategies for stress-free selling, including home preparation and expectation management.
Drama-Free Home Financing
Eliminate the drama of money matters with tips on finding and managing your mortgage.
