The 5 best ways to deal with a long house hunt

There’s no point in sugarcoating it. No matter who you are, buying a home can be emotionally exhausting. That dream we’ve all had of going through beautiful home after beautiful home, finding The One and falling in love with it, making an offer and moving into the house of our dreams with a huge sigh of contentment and relief… You know, the fun one? Oh there will be sighs, but not the kind you think. Sighs of frustration, maybe, or of anger. Sighs of disappointment. But it’s not all bad. Yes, your house hunt could be long but there are ways to make the best of that time and come out ahead with the house you want.

 

Get the support you need for long-term house hunting.

Like any major life decision, buying a home is an emotional process. Without the right support system to boost you up during this process, it would be easy to fall apart. So whether that support comes in the form of some rømmegrøt from Mormor or a listening ear from your house-hunting partner-in-crime (a.k.a. your realtor), find a way to ask for help when you need it. Remember that there are other people who’ve gone through this process too. Talk to those people about what you’re going through. Bring someone along on showings who knows you well, is level-headed, and can help keep you calm. Your realtor has gone through this so many times, you can bet your down payment they’ll know how to help you out. From what to do in case of a bidding war to how to adapt when the unexpected happens, don’t be afraid to lean on them for support as the house hunt gets longer.

Exercise your patience.

Buying (or selling) property is 90% waiting. OK, maybe not 90% but you get the point. You’ll be waiting to hear back from your lender. Waiting for answers to your offer. Waiting for surveys to be completed. And what’s more, in a seller’s market—that is, one where there’s less inventory and sellers have more power—you can spend a lot time just waiting to find a home that meets your criteria. This whole thing could take several months from start to finish, so make sure that you manage your expectations and build some extra time into your planning. There’s nothing worse than a looming deadline and creeping sense of urgency when you’re trying to make one of the most important decisions in your life. So don’t let a fear of missing out control your decisions and be patient.

Stay positive throughout that long house hunt.

There may come a time when you feel so frustrated, anxious, and dejected, that a little voice inside you tells you that it’s all pointless and you’ll never actually buy a house. Don’t listen to that voice! The truth is that in real estate, you win some and you lose some. This is not a reflection on you and oftentimes there’s nothing you could have done differently. So it all comes down to your outlook. Do whatever you need to stay positive. Take a break from house hunting if you need to, for a week or two. Treat yourself to a self-care day, complete with spa and comfort food. And always remind yourself that there are other homes out there. Like millions of people before you and millions more after, you will eventually find and buy a house that works for you and your lifestyle.

Stick to your priorities, but don’t be inflexible.

You made a list of priorities before starting to house hunt, right? And you wrote down your home buying budget, including how much you can afford for your mortgage, closing costs, insurance, etc.? You also made sure to be on the same page with whoever you’re moving with, yes? This cannot be over-emphasized: having a solid plan beforehand is a key part to maintaining your sanity during. How many rooms do you want? What style home are you looking for? What are your absolute dealbreakers? And we mean, absolute. There are nice-to-haves, and there are must-haves. Make sure that your list clearly indicates which is which. Anything on your nice-to-have list can be renegotiated or compromised on. Yes, his-and-hers bathroom sinks would be amazing, but could a home without this feature be good enough? Probably. Another good tip is to share this categorized list of needs with your realtor. This way, they’ll know where there could be some wiggle room and what’s not even worth showing you.

Don’t look back, only forward.

Hindsight is a funny thing. And its second-cousin, regret? Always finds a way to slide into your DMs when you least expect it. There is always going to be that one house you wish you’d put an offer on earlier, or that one document you should have prepared ahead of time that cost you a precious few days or maybe even weeks. You can’t look back on all of the missed opportunities, it’ll only contribute to the emotional highs and lows you’re already feeling in the present. Many people underestimate the strenuous nature of home buying, and therefore many make mistakes during the process. That doesn’t mean it needs to end in regret. So whenever you feel like “shoulda, coulda, woulda” (and gouda) start bubbling up, visualize what things will be like in your new home and focus on the future instead.

 

A long house hunt doesn’t have to put a damper on your home buying dreams.

For some reason, the narrative on home buying has turned into a fairytale. Shows on HGTV and glossy magazines make it seem easy, breezy, and fun. While it certainly can be fun, a long house hunt can turn even the most optimistic home buyer into a disgruntled disbeliever. Make sure that you have the right support system, practice patience, stay positive, define your priorities, and avoid looking back at past mistakes.

Find the right local realtor to be your home buying partner-in-crime.

Here at Raboin Realty, we stand by you every step of the way and make sure that you have peace of mind—regardless of your budget, timeline, or aspirations. Call us today at (701) 543-2200 or contact us online.