buying a house adventure

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Buying a House Adventure The Joys of Buying a House May 2014

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The adventure of buying a house that fits, inspires, and starts becoming a home.

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Page 1: Buying a House Adventure

Buying a House AdventureThe Joys of Buying a HouseMay 2014

Page 2: Buying a House Adventure

• On the surface its simple, straightforward, and if you are younger it’s a process of looking up and ahead.

• If you are a “little older” its usually a process of downsizing, and yes…we all have our own situations in life.

• A gazillion pundits have expressed their opinions, thoughts, and a day does not go buy without an article in the mainstream media on the twists and turns of the real estate market.

• The real estate agent that is good at selling a house, is not necessarily the ideal individual to assist you to buy.

• The more you know, the more challenging the buying process becomes.

• Finding the right house that will become your next home although a seemingly simple endeavor can become challenging.

How to Buy a HouseSeems simple on the surface

Page 3: Buying a House Adventure

• You know where you want to live.

• You know what size house you want.

• You are prepared to perform some renovation work.

• Should be easy to find a house that you can turn into a home.

• If you are upgrading / moving up its straightforward.

• If you are downsizing, it can be filled with a myriad of complexities and unexpected events.

Finding the HouseInitial parameters will change

Page 4: Buying a House Adventure

• Buying a house to replace the wonderful home that did not need to be sold is fraught with complexities.

• It becomes a personal / family experience that ultimately tugs and plays on a wide spectrum of emotions and sentiments.

• Some days words are insufficient to describe the emotions that arise.

• Downsizing was a reflected, pragmatic decision, that is valid, makes sense on a spreadsheet.

• Downsizing is a process which in our case was precipitated by the lightning fast sale of our family home.

DownsizingIs a process and challenge

Page 5: Buying a House Adventure

• What on the surface seems easy turns into the unexpected.

• An offer here, another there, and another and for a ton of reasons putting a deal together is not meant to be.

• A myriad of agendas from a myriad of sellers, and seller’s agents.

• One can write a book on the twists and turns that buying a house can take.

• The harder one tries the more frustrating it gets.

• The unexpected and unthinkable happens, buying a house is not happening.

UnexpectedBe prepared

Page 6: Buying a House Adventure

The advantages:• Time for the emotions to subside• Actually experience downsizing• Time to reflect on the next “home”• Refine the priorities• Experience a different neighborhood• Additional input form the immediate family

The disadvantages:• Must move twice• Experience renting a home• In a house not your home• Enduring a landlord

Taking a BreakA viable option

Page 7: Buying a House Adventure

• We often read that in the current highly inflated real estate market renting is a wise alternative to owning.

• Why own, when you can rent, and generate an income from your investments…sounds good, makes sense, and you will generate income.

• Why pay rent, why make someone else’s mortgage payments, why be a renter and endure a landlord.

• Keep in mind that when you rent, its not your house, its absolutely not your home, if you are no longer seeking a home its all cool.

• If you require a family home, renting generates intellectual anguish and frustration on several levels.

• It is good to take a break, take time to reflect, experience downsizing, experience a landlord.

RentingAn experience like no other

Page 8: Buying a House Adventure

• The process of buying a house is facilitated by technology.

• The listings are online, the photo galleries are extensive, Google map and street view save vast quantities of time.

• Technology makes it easy to perform all of the initial steps in house shopping.

• Focusing on specific house, locations, that meet your requirements is merely a few clicks.

• Knowing selling prices is again a few clicks away, from either your agent, or subscribing to Zoocasa.

• Keep in mind that technology has increased the speed and urgency of the process. Raised the level of aggressiveness.

Empowered by TechnologyAn appreciated assistant

Page 9: Buying a House Adventure

• The house that fits is facilitated by technology and complicated by humans, and fraught with compromises.

• If you are upgrading its an easier process, than if you are downsizing.

• You are downsizing the process acquires several levels of complexities.

• Everyone has an opinion and a friend that has gone through the process. You can have countless conversations.

• Its a voyage and an adventure that will awaken raw emotions that you did not know.

• In an unexpected fashion the house that fits appears, and you know that it’s the one.

House that FitsThe all important fit to become a home

Page 10: Buying a House Adventure

• The house that fits is also the house that inspires.

• The house that inspires is the one that initiates the process of becoming the family home.

• What makes a house inspire? We all have our personal preferences, needs, requirements. The house that fit will start to inspire.

• How will you know? You will know in your heart that this house inspires.

• There will be something about the house, the location, the design, that will trigger the inspiration process.

• Technology enables finding a house that fits, your heart will discover the one that inspires.

InspiredThe house that inspires to become a home.

Page 11: Buying a House Adventure

• Compared to finding the house that fits, and inspires. Actually buying the house is easy.

• The buying process will fit in with your preferences, as well as your mental, and emotional perspectives.

• Accompanied by a bit of destiny “If its meant to happen, it will happen”.

• You real estate agent and lawyer take care of all the details. You have to ensure the money is available when you close.

• Do you need a home inspection? Yes. Will it tell you everything about the house? No.

• Will you be relieved? Absolutely, the house fits, it inspires, and can start becoming the family home.

BuyingIts an easy step and transaction