Like any important journey, home buying has its of ups and downs. But every first-timer can take comfort in the fact that they’re not alone. These highs and lows happen to just about everyone—uh, yay?
You’ve probably already experienced the itch to own your own place. If you haven’t grown completely tired of paying rent and felt a burning need to put down roots and have a place to call your own, you may not yet be ready for home ownership.
At some point in the process, every first-time homebuyer experiences doubts. Even after you’ve been pre-approved, or maybe after you’ve already made an offer, it’s completely normal to question your decision or your ability to pay for and maintain the home. Sometimes those doubts are warranted, but often, they’re not. Just reexamine your budget, assess your financial situation, and consider your top priorities for the home. If everything still makes sense on paper, it makes sense. Trust yourself.
Your patience will pay off, and sooner or later, you’ll find it. The one.
Recently, Realtor Colin McDonald told a couple of young, first-time buyers "they would know it when they found the home of their dreams," he says. After getting your hopes dashed earlier, it may seem impossible, but it'll happen for you—and it may cause you to do crazy things, just like it did for this couple.
"They went as far as stopping by the home at 8:30 at night, knocking on the door, and introducing themselves to the sellers. In a tight market, they knew they had to do something to stand out. The house ended up receiving multiple offers, but because my buyers went as far as knocking on the door and introducing themselves to the sellers, they ultimately ended getting the house."
Even when you discover "the one," you’ll almost always have to make some sacrifices. When you focus on your must-haves, you’re unlikely to find a home that also has all the nice-to-haves. So you don’t have a front porch, or a fenced yard, or a gas stove? Focus on the top-priority items that you do have, such as the right number of bedrooms or baths, or the exact neighborhood you wanted.
Plus, you have years to make changes and make your home exactly what you want it to be.
When you finish signing all the papers at closing and you’re handed the keys to your new home, all the waiting and the work has just paid off. Savor the excitement and the joy of reaching an important milestone.
Eventually, when you’ve moved in all your things and spent your first night or first month in the new house, reality will set in. It may be the first time you have to call a plumber, cut the grass, or just hang your family pictures on the walls. You will feel a great responsibility mixed with pride, and deep down in your bones, you’ll know that this is home.