Home buying stress

posted 3 years ago in Home
  • poll: Home buying is...
    a nightmare : (26 votes)
    53 %
    lots of fun : (22 votes)
    45 %
    boring : (1 votes)
    2 %
    stress free : (0 votes)
  • Post # 4
    Member
    2368 posts
    Buzzing bee
    • Wedding: June 2014

     It’s fun and a nightmare all at the same time! The single best thing we did was get a buyer’s agent. They don’t cost you a penny! They get their cut when the house sells, and that cut comes from the seller, not the buyer. A good buyer’s agent will talk to you about the areas you’re interested in, must haves and nice to haves, as well as deal breakers. And then they’ll start sending you listings that match what you want. If one looks good, you let your agent know and they’ll schedule a showing.

    A really good way to get started is to attend open houses. Again, totally free. It gives you an idea of what’s out there in your budget, and gives you a chance to check out neighborhoods. Take notes, it’ll help you later with your likes/dislikes list.

    Post # 5
    Member
    320 posts
    Helper bee
    • Wedding: June 2010

    Buying a house is both fun and stressful, and having a good realtor makes all of the difference. I wouldn’t contact anyone through a website because I think those realtors are probably just trying to make a sale (if it’s their listing they’d get the commission from both selling the property and having you buy it if you didn’t have a realtor of your own). Talk to friends/relatives/coworkers for realtor recommendations, and avoid signing a contract immediately in case you find you aren’t compatible.

    We worked with one realtor at first who I really didn’t like. He wasn’t sending us many properties, so I felt like I was doing all the legwork and he’d get paid for it at the end. Plus whenever I’d send a list of properties I wanted to see, it would take him at least three to four days (sometimes longer) to get anything set up, so we were losing out on properties left and right. Luckily we didn’t have a contract, so we dumped him and went with someone else. She was fabulous, and showed us more properties in ONE day than he had in a month. Within two weeks we found our house! She made the process fun and less overwhelming.

     

    Post # 6
    Member
    320 posts
    Helper bee
    • Wedding: June 2010

    @MariContrary:  I second this. If you’re not quite ready to buy, just start going to open houses. We did that about six months before we knew we could start and it gave us a good idea of what we did and didn’t like. 

    Post # 7
    Member
    10490 posts
    Sugar Beekeeper
    • Wedding: January 2011

    @Anna10-05-2014:  Who did you contact?  If it was the seller’s realtor, that’s a bit weird.  If it was just a form on a website it probably went to an entirely different realtor though.  They are basically set up so if you want a showing you’re hooked up with that realtor.

    Post # 8
    Member
    120 posts
    Blushing bee
    • Wedding: June 2013

    OMG, we had such a nightmare in the house-buying process.  Started with an agent who lost us at least one house.  We got our good neighbor who is a buyer’s agent (SUPER IMPORTANT term to remember) about a month later, and I can honestly say that we never would have our house if not for him.  It’s stressful, for sure. 

    Since the whole housing debaucle where people were given loans beyond their means, the loan process is a LOT harder now.  I get that we don’t want people defaulting, but it’s gone so far the other way in trying to be approved.  UGH!  We were already approved, but since we had a foreclosure home and a government loan, we had a lot of extra hoops.  The Bees have given good advice!  We used Zillow to see houses, then called our agent to take the next step.  This will make your process so much nicer than what you’ve experienced this morning.

    I hope you have fun looking for a house.  It’s totally a blast to tour possible homes, but there’s a lot of detail stuff that will drive you bonkers.  Take deep breaths and be prepared for the roller coaster.  The only thing that kept us sane is that we knew the prize was going to be worth all the struggles!  Well, knowing that, AND our amazing agent who solved every dilemma that came our way!  (IE; We were painting the peeling exterior before we owned the house to make sure it passed inspection for our USDA loan-NOT kidding)!

    Best of luck!!

    Post # 9
    Member
    820 posts
    Busy bee
    • Wedding: June 2014

    @Anna10-05-2014:  We looked at houses for a while then got a realtor when we were officially ready to start looking at houses. My mom knew her. So when we started looking at houses in the beginning it was really fun even though none of them we would even consider buying. After seeing 12 houses in 3 months I wanted to stop looking. 1 house had come close, but the rest were a hell no. I was getting VERY frustrated and thought we’ll never find a house we love and maybe this isn’t the time for us. Well in the middle of July last year my realtor called me and said a house just went on the market the day before and she thinks we’ll really like this one. So we looked at it 2 days later and we both loved it. I couldn’t believe it, going from wanting to stop looking to finding our dream house. I was surprised we both agreed on a house too! We put in an offer the next day.

    It took us 1.5 months to close on the house and another month after that to get keys. It was a very long and stressful process. We had lots of issues to work out. We were very scared too because this is a BIG purchase and we were having second thoughts after putting in the offer. We thought how do we really know this is the one and what if a house comes along we love more! I talked to my dad and he said another house may come along in a week or a month or never. You can’t just wait around for something that may never come. We are not planning on moving again so this made it a much harder decision for us. We had a lot of back and forth running papers(check stubs, bank statement, ect) to the bank. We couldn’t get any other loans, open any credit cards, or do anything else to slow down/stop the process. Our mortgage broker said it shouldn’t have taken that long to close and gets keys, but we had a lot of bumps in the road to get through. Like I said above we never want to buy another house again. I’m sure everyone’s experience is different, but we hated the running around, the waiting, or not knowing if it was ours or not. I hope you find your dream home and it is a smooth, fun, and quick process. Good Luck!

    Post # 10
    Member
    3084 posts
    Sugar bee
    • Wedding: July 2014

    @Anna10-05-2014:  I absolutely hated it. It sucked. It was fun for mabye 2 days when it was exciting buying our own home and we were still in la la land about it, but after that it sucked. 

    it didn’t help that where we were looking there was a shortage of homes in our price range. The ones that were decent (didn’t need a crapload of updates) had multiple offers even before the open houses. So it was so discouraging, it was disheartening, and it made me never ever want to buy another house again. So we are staying in this house for a while and updating and expanding it when we need more room. 

     

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