Do You Have the Correct Home Buyer Mindset to be Buying a Home?

By learning what you need to know and preparing how to purchase a home ahead of time, you will be less likely to become so enamored with a particular property that you fall into the traps and the pitfalls that are so often the result of IDM, or Irrational Decision Making.

Do not allow your emotions to come before sound and rational reasoning when making the decision to purchase a home.

Let's face it; if you've been out house hunting, you know the feeling you get when you finally think you've found a house you really like.

You're like a kid in a toy store, excited about the possibilities that this dream house could really be yours.

When you go to see the home, you're herded through it like sheep in a predetermined pattern.

• You're not encouraged to spend as much time as you need in any one place.
• You're not able to ask as many questions as you would like.
• You're not asked if you would like to set up another time to come back and go through the house again.

The option to sit down and have a good conversation with the owner is not available to you.

In other words, you're expected to make a decision on the largest single purchase of your life without having many of the facts you really need.

Of course, you're likely to get a home inspection and an appraisal done. But, if you think that's enough to protect you, you've got another thing coming to you.

After over 21 years dealing in real estate and its many players, I am here to tell you it simply is not.

• When it comes down to buying a home, nobody but you is going to be watching out for your best interest.
• You need to get as much information as you can before you buy.
• There is no one who can (or will) be as thorough as you.

Why? Because nobody else has to be as thorough.

It's not their home. They're not going to be living there.

And, whatever issues you end up having, they can't see them from their house!

Ask anyone who has ever purchased a home this one question:

After you purchased your home, were there things that you saw, noticed, or realized about the property that had they been seen, noticed or realized BEFORE making the purchase would have changed the way you proceeded with the home buying process?

Possible changes might have included:

• Offering less for the home,
• Making it a condition of the sale that something be repaired or replaced, or
• Not having gone through with the purchase at all!

Think about that for a moment.

What is the probability that you're going to be able to keep a level head when the real estate agent is telling you that you need to act quickly because there are three other showings after you?

And you "just love" the house...

If you are unprepared, but feeling pressured, how likely is it that you will make an informed decision quickly when you haven't even done any homework on the property?

Remember:

• Don't be pressured into making the mistakes typical homebuyers make.
• Take the time to do your homework and get the information you need to make a rational buying decision, then
• Step back, take a deep breathe and really look at what you're about to buy.

Copyright 2005 Don Berthiaume

Don Berthiaume gives you the questions you need to ask when buying a home. For more details, and for a free 4-part mini-course in home buying, visit this site now: Buying a Home

---

Destin Florida Triples In 3 Years

Do you want to see something that is absolutely amazing?... Read More

Real Estate Investing Works In Your Area Too!

I hope you had a spectacular weekend!Things have been going... Read More

Realtors Brainstorm For Business

Even though rates are down opening up the market for... Read More

You Wanna Get High With Me?

Being a home inspector is great. It's fun, it's interesting,... Read More

Mortgage Broker Training: How to Secure Loyalty From Realtors

So you've just returned to your office after delivering an... Read More

Water, Water Everywhere on the Waterfront

Waterfront living is among the most desirable of locations in... Read More

Las Vegas Real Estate - Luxury Properties

Las Vegas is known for it's over the top hotels... Read More

How to Buy Fixers for Profit

Do you dream of becoming a multi-millionaire real estate investor?... Read More

Family Feud with an Auction Deadline ? Adventures in Probate/ Estate Purchases

One of our investor students told us of an interesting... Read More

Rehab Foreclosed Houses the Right Way and Keep All the Profits!

I've been teaching people how to buy foreclosure properties for... Read More

11 Different Ways to Participate in The New Millennium Real State Boom

Many parts of the country are going through a real... Read More

7 Different Ways Anyone Can Become a Real Estate Investor

Being a real estate investor is not really that hard,... Read More

Getting Raw Land, Not a Raw Deal!

There is more to buying raw land than meets the... Read More

Home Staging: How to Make Your Tract Home Stand Out in the Crowd

Home sellers who wish to market their property in development... Read More

Flat Fee MLS Listings - Is This The Future Of Real Estate

Realtors are all a buzz about this new form of... Read More

Property Types A, B, C And D

One of the biggest problems individuals just starting out have... Read More

Boston Real Estate - Interest Rates and Inventory Must be Analyzed when Selling Your Boston Home

When selling your Boston home, it's good practice to be... Read More

Equity

Equity is the value of your home minus what you... Read More

Negotiating the Real Estate Contract

Negotiation is the process of communication back and forth in... Read More

Secrets of Making Money from Real Estate - Part 3

Great, now how do I actually INVEST in real estate?Investing... Read More

Realtors: Forget Your Address?

It's a large real estate agency, and the company depends... Read More

Maltas Market Battle

With new destinations such as Bulgaria, Slovenia and Croatia offering... Read More

The Secret To Marketing Your FSBO Home For Sale

You're ready to put your home or land (house, townhouse,... Read More

Real Estate Disputes And Partition

What if two people pooled their resources and began investing... Read More

Staging Homes for Top-Dollar Sales

Wouldn't it be nice to have Roger Hazard's design team... Read More

Real Estate Investing Deals That SkyRocket Your Net Worth 10-Fold

Consider these parameters for a real estate deal:Property Value: $250,000... Read More

San Diego Home Evaluation

The Southern California city of San Diego has all the... Read More

Selling Your House - $100,000 Pets

Is your pet worth $100,000? It may be if you... Read More

Is An Old Home for You? ? The Cons

So you think you might like to buy an old... Read More

Real Estate Investing in Rentals ? the $10 Million Real Estate Investing Mistake

Renting to tenants is no longer "where the money is"... Read More

Residential Income Property Financing: Part 2 of 3

Welcome to the second segment of a three-part series about... Read More

Finding Structural Problems During Escrow ? Small Rural Home Example

In rural home purchases, the transaction is often subject to... Read More

How Real Estate Investors Use Mortgage Note To Purchase Properties

Many of you may not be aware of the various... Read More