After what seems like a lifetime of searching, you have finally found what you were searching, wishing, and hoping against hope for. The one, that perfect match that you’ll spend the rest of your life with, growing old together, happy and content. But that next step is a big commitment, and you need to be sure you’re ready for it, because after you tie your lives together, finding out you made a mistake is going to cost you a lot. But if you’re committed and know what to expect, then you and your house will be together for a long time. Oh, yes, I was talking about buying a home. You would be surprised how much it’s like getting married. In what ways? I’m glad you asked.
1) Not everyone is the marrying type
Many people never get married. Some enjoy their freedom too much to tie the knot, others can be in committed relationships that even result in children without taking that step. Same for real estate. Apartments, rental houses, even living with family or friends. There are alternatives to buying your own house.
2) You might have to put in work to find ‘the one’
Just like very few people just stumble upon the perfect spouse for them, you are going to have to take some time and do a bit of work to find the right house for you. Find out exactly what you want, how much something like that is going for, what you’re willing to pay for it, etc.
3) Make sure that the basics are just right
No amount of effort or time is going to change your spouse from somethings. Core values like religion, politics, parenting ideals can be deal-breakers if you find you’re not compatible. Likewise, no mater how much you redecorate or add-on to a house, you’ll never be able to change the noisy freeway noise, or move to a better school district.
4) In it for the long haul, so plan for it
You might now be able to foresee all the changes that are going to happen, but you should try to see some of them, and plan accordingly. You’re going to be together for a while, so don’t buy a 2 bedroom if you plan on having a big family, or a two story house if you know your knees are getting dodgy.
5) Don’t let emotions get the better of your judgement You’ve found a place that you absolutely love, and can’t imagine wanting anything else. Stop for a moment, and try to see if your emotions are clouding your ability to see the whole picture, like imperfections in the house.
6) Happiness depends on you choosing wisely
The new house bliss will wear off, and you will come to the realization that this will be the place where you will spending just about every day for the rest of your life. And just like a spouse, if there are issues that are driving you crazy, then you might be unhappy for a long time.
7) It can cost a lot to get in
Depending on how fancy you want, weddings can cost upwards of thousands, even tens of thousands of dollars, a huge sum to start your life together. Though even this can pale in comparison to the cost of a house. Don’t spend the money unless you really want in, because . . .
8) It could cost you even more to get out
Just ask anyone of millions of people going through a divorce how costly that can be, and that’s just the lawyers. Legal paperwork will be a significant chunk of change when selling a house, not to mention the possibility of depreciation.
The bottom line is that just like permanently tying your life to one particular person, buying a house is a huge decision that require commitment, patience and not a small amount of self-knowledge. But, if you take your time and might the right choice, it’s something that can make you happy for the rest of your life.
Mindi Landry has been a home match maker for 37 years. She has made successful matches in Oceanside, Vista, Escondido, San Marcos and Carlsbad. Call her at (760) 737-3767 to meet your dream home.