Triangle Home Buying Series: The 6 Phases of Buyer’s Remorse, Phase 6

Here is the sixth and final installation of “Buyer’s Remorse” blog series. Each week we have gone into depth on our list of expert tips on how to navigate buyers remorse in the home buying process. Every home buyer will experience “buyer’s remorse” several times on their way to realizing that dream. This blog will help Triangle area home buyers understand what’s happening to them and how to move through Buyer’s Remorse.

6. After you move in to your new home – Remember you are in a new space so nothing is going to feel normal.  Don’t be surprised if you experience one last bout of Buyer’s Remorse.

TIP: It will take a few days or weeks for your whole family to adjust to the new surroundings. Everything is different even the drive to work.  Here are some final tips:

  1. Start decorating to make it feel more like your home
  2. Do something to celebrate.  Pop the champagne or throw a housewarming  party
  3. Take a breather like a weekend getaway. Moving is exhausting.  It’s hard to feel happy and excited when you are physically, mentally and emotionally worn out.
  4. Feelings follow thoughts. Home buyers who think about the positive aspects of homeownership, who visualize a special future time in the home such as house warming party or holiday all say they experience less stress and more joy from beginning to end of their home buying journey.

Six Most Common Times to Expect Buyer’s Remorse

  1. After You Write An Offer
  2. After the Offer is Accepted
  3. After the Home Inspection
  4. The Final Walk Through
  5. After You Write the Final Check for Closing Day
  6. After You Move in to Your New Triangle Home

Just checking in  Raleigh home!

Linda Craft & Team is here to walk you through the steps to home ownership. For a free home buying consultation, please call our office today at 919.235.0007. We look forward to helping you!

Triangle Home Buying Series: The 6 Phases of Buyer’s Remorse, Phase 5

Here is the fifth installation of “Buyer’s Remorse” blog series. Each week we will go into depth on our list of expert tips on how to navigate buyers remorse in the home buying process. Every home buyer will experience “buyer’s remorse” several times on their way to realizing that dream. This blog will help Triangle area home buyers understand what’s happening to them and how to move through Buyer’s Remorse.

 

 

5. After you write the final check for closing day – Your closing day is when you will make the full commitment into homeownership.  Just as many engaged couples on their wedding day do, scan through all the reasons why they want to say “I do”. You are normal if you are asking yourself “am I doing the right thing”?  What if, what if, what if?  Remember real estate is not “until death do you part”.  Most home buyers become home sellers every 3 to 5 years.  Your housing needs will change along with your life.  Buying this home is not a lifetime commitment it is a stepping stone to building wealth why keeping a comfortable roof over your head.

TIP:  As you write a purchase check it’s normal for thoughts such as: “what if something happens to my finances” to creep in.  Remember, nothing in life is for certain.  Dwell on the positives of ownership, tax write off, investment growth and sleep better.  Homeownership offers you the ability to sell your asset and cash out in the future if you need to.  Renting is a problem if something happens to your finances too.  If you can’t pay you can’t stay and because you do not own anything, you have nothing to sell.

Six Most Common Times to Expect Buyer’s Remorse

  1. After You Write An Offer
  2. After the Offer is Accepted
  3. After the Home Inspection
  4. The Final Walk Through
  5. After You Write the Final Check for Closing Day
  6. After You Move in to Your New Triangle Home

Come back next week to learn more on how to overcome buyer’s remorse after you move in to your new Raleigh home!

Linda Craft & Team is here to walk you through the steps to home ownership. For a free home buying consultation, please call our office today at 919.235.0007. We look forward to helping you!

Triangle Home Buying Series: The 6 Phases of Buyer’s Remorse, Phase 4

Here is the fourth installation of “Buyer’s Remorse” blog series. Each week we will go into depth on our list of expert tips on how to navigate buyers remorse in the home buying process. Every home buyer will experience “buyer’s remorse” several times on their way to realizing that dream. This blog will help Triangle area home buyers understand what’s happening to them and how to move through Buyer’s Remorse.

4. The final walk through – you start to fear it’s a bad house that will cost you a lot to maintain.

TIP: One reason feelings turn negative on a walk through is you have had a lot to do in a short period of time and there has been a lot of uncertainty such as waiting for loan approval, packing and organizing a move, working through inspection items.  It is all overwhelming and the house you just walked through is vacant and lifeless sort of like your energy level right now.  Let’s face it, you’re tired.  Don’t expect the excitement about your new home to be as intense as it was in the beginning.  You are about to make a final commitment and your feelings are normal. Stay calm and carry on or as many Realtors say;  “take two M&M’s and call me in the morning”.  After a good night’s rest you will feel better.  Now focus on all the fun times you are going to have in your new home and watch your excitement return again.

Six Most Common Times to Expect Buyer’s Remorse

  1. After You Write An Offer
  2. After the Offer is Accepted
  3. After the Home Inspection
  4. The Final Walk Through
  5. After You Write the Final Check for Closing Day
  6. After You Move in to Your New Triangle Home

Come back next week to learn more on how to overcome buyer’s remorse after you write the final check for your new Raleigh home!

Linda Craft & Team is here to walk you through the steps to home ownership. For a free home buying consultation, please call our office today at 919.235.0007. We look forward to helping you!

Triangle Home Buying Series: The 6 Phases of Buyer’s Remorse, Phase 2

Here is the second installation of “Buyer’s Remorse” blog series. Each week we will go into depth on our list of expert tips on how to navigate buyers remorse in the home buying process. Every home buyer will experience “buyer’s remorse” several times on their way to realizing that dream. This blog will help Triangle area home buyers understand what’s happening to them and how to move through Buyer’s Remorse.

2. After the offer is accepted – Your Buyer Specialist calls to say “congratulations the seller accepted your offer.”  You are so happy but within 24 hours you start wondering if you paid too much.  You loved it yesterday and now you’re not so sure. What is one to do?!

TIP:  Don’t let Buyer Remorse fill you with fear and steal your dreams.  Pop the champagne and celebrate.   Remember, you compared house values each and every time you looked at houses. To get this far into a purchase you are practically an expert on value because of the large number of homes you have compared online and in person. In addition, before writing an offer, your Buyer Specialist would have pulled comparable sales in the neighborhood to show you what other buyers paid.  You can trust yourself. Stop doubting and recognize that this is just normal Buyer’s Remorse rearing its ugly head.  Whatever you do don’t torment yourself by looking at other houses.  Stay off the Internet, it will drive you emotionally crazy.

Just in case you can’t turn off the haunting thoughts remind yourself you have a “value safety net” built into your contract.  That safety net is a third party independent appraisal.  By contract your house must appraise for the price you were willing to pay or you do not have to buy it.

Six Most Common Times to Expect Buyer’s Remorse

  1. After You Write An Offer
  2. After the Offer is Accepted
  3. After the Home Inspection
  4. The Final Walk Through
  5. After You Write the Final Check for Closing Day
  6. After You Move in to Your New Triangle Home

Come back next week to learn more on how to overcome buyer’s remorse after the home inspection in your Raleigh home!

Linda Craft & Team is here to walk you through the steps to home ownership. For a free home buying consultation, please call our office today at 919.235.0007. We look forward to helping you!

Triangle Home Buying Series: The 6 Phases of Buyer’s Remorse, Phase 1

Here is the first installation of “Buyer’s Remorse” blog series. Each week we will go into depth on our list of expert tips on how to navigate buyers remorse in the home buying process. Every home buyer will experience “buyer’s remorse” several times on their way to realizing that dream. This blog will help Triangle area home buyers understand what’s happening to them and how to move through Buyer’s Remorse.

  1. Before or Soon After you write an offer – You have looked at houses and there is one that really stands out amongst all the others.   You have been pre-qualified for a mortgage and know you can afford the future payment.  The home has everything on your must-have list and more.  It’s time to make a decision.  Are you going to make an offer or will your fear paralyze you?   Believe it or not, Buyer’s Remorse can begin prematurely from the stress of thinking about making a decision.  An acronym for fear is False Evidence Appearing Real and you know this is true if you feel panic and you haven’t even bought anything yet!  Buyer’s Remorse is fear of making a mistake.  Sometimes that fear is so strong you will either not make an offer at all or you will make an offer and when the expected counter offer is shared you run away.  The emotion of fear is so powerful that it can keep you from the joy and happiness of living the American Dream of homeownership.  Fear influences behavior more than any other human emotion.  Are you going to fight or flight?  Do you move forward with an offer or do you stall with words such as; “let us sleep on it, or give us a few days”.  Are question running though you mind like; “are you acting too quickly or is there something better out there if you wait longer”?   People who standstill in this state usually lose that house to another buyer and have to start their search all over.  The sad thing about not fighting through the fear is the new search my take a long time, interest rates could go up and you will compare everything to the house you lost.

 

TIP:  Remind yourself how many houses you looked at on the Internet and in person to find the one you can see yourself living in.  Check your wish list again to make sure it’s the right house; understand that most people move every 3 to 5 years.  This is not forever.  Most importantly remember that you will continue to feel the same way with each and every house unless you push through and do it afraid.

Six Most Common Times to Expect Buyer’s Remorse

  1. After You Write An Offer
  2. After the Offer is Accepted
  3. After the Home Inspection
  4. The Final Walk Through
  5. After You Write the Final Check for Closing Day
  6. After You Move in to Your New Triangle Home

Come back next week to learn more on how to overcome buyer’s remorse after your offer is accepted on your Raleigh home!

Linda Craft & Team is here to walk you through the steps to home ownership. For a free home buying consultation, please call our office today at 919.235.0007. We look forward to helping you!

Digital Spring Cleaning Tips

news mediaSpring has sprung in Raleigh, NC and it is time to clean and de-clutter our Triangle homes. One cluttered area that we often overlook, is our digital home. Our digital lives need to be de-cluttered and managed as much as our personal homes in order to stay organized and efficient! Taking time to clean and care for our digital devices can also prolong life saving you time and money in the end. Here are some great tips on organizing your computers, mobile devices and online activities!

Email

  • Create organized folders for the main aspects of your life or business. Create subfolders within these to stay organized and to make searching easy. Don’t let them fill up your inbox! Seeing that you have 2000 emails in your inbox (regardless if they are read or not)  is a negative psychological weight that can be prevented.
  • Delete your junk mail every day!

Social Media

  • Facebook: Delete any junk on your newsfeed. Review your privacy settings and review your photos. Perhaps the college photos are not so funny after 5 years!
  • Pinterest: Organize your boards and delete any you do not use.
  • Instagram: Delete anyone who clogs your feed! Update your profile
  • Twitter: Clean up your “follow” list and update any profile information.
  • LinkedIn: Update profile information, awards, promotions, experience. Take a few moments to endorse your peers as well.

Web Browser

  • Organize your bookmarks. Look through your links and determine which ones you will visit again. Another great tool to keep tabs of a website you might want to visit again is Pinterest. Create a new board labeled Sites of Interest and pin the pages to it. You are not clogging up your favorites bar and you are storing the pins in a handy, visual place!
  • Clear your history, cookies and any old temporary files that might be slowing your system down. Find directions here.

Documents

  • Start by deleting documents, photos etc. on your desktop. We get so busy with the task at hand it is easy to keep things on our desktops that we will eventually forget.
  • Go into your documents drive and create folders to save any loose documents in. Trash the documents you will never look at again! When finished, be sure to empty your digital recycle bin.

Digital Photos

  • We often rely on online sites like Facebook, Snapfish, Shutterfly and Tumbler to hold our lives’ memories. These companies are just as prone to security breaches as anyone else. Upload your photos to cloud based programs like Trovebox or Dropbox. Back them up periodically on an external hard drive to be extra safe.

Programs

  • Delete the programs you no longer need or use. They are only taking up precious computer real estate and oftentimes update without you knowing it resulting in more taken space! Find directions here.

Passwords

  • Update your passwords regularly to protect your privacy and avoid identity theft. Review sites security and privacy policies frequently to stay up to date on changes ie) Facebook. Try to avoid using the same password for every site.

Hardware, Tablets and Phones

  • Take the time to disinfect and clean your phones, tablets, keyboards etc. Use device friendly cleaner you can buy at the store.
  • Use a can of compressed air to get crumbs and dirt out of your keyboard, mouse and CPU.
  • It is possible to clean the inside of your computer but if you are not experienced with this we recommend a local professional.

Visit LindaCraft.com for a list of local, home care providers that we have had wonderful experiences with!  Don’t forget to check out Facebook page throughout the month of March for Spring Cleaning giveaways! We will also have our annual Spring Cleaning Shred Party on Saturday, March 29 from 10-2. Clear out your file cabinets and bring your boxes of paper to be shredded right before your eyes!

For your home buying and home selling needs, Linda Craft & Team REALTORS is your Triangle area expert. Call us today for a free consultation.

 

 

4 Reasons Why You Need to Have Your Home Staged to Sell

Home staging does not have to be costly. Most of the time a stager can suggest slight modifications and work with your existing furnishings. However, if furniture is needed to fill a space, our stager has a large inventory that can be rented for a minimal fee. A vacant home can be the hardest to sell because most people have a difficult time visualizing the warmth that is missing. By using furnishings and accessories that reflect the asking price of the house, we will create a warm and welcoming feel to a prospective buyer. Realtor.org listed four reasons you should stage your home.

4 Reason To Stage Your Raleigh Home NOW

  1.  96% of Realtors say buyers react better to fully staged homes than to vacant houses.
  2. 94% of Realtors say fully staged homes sell much faster than vacant houses.
  3. 68% of Realtors say vacant houses take twice as long to sell as fully staged homes.
  4. 94% of Realtors say vacant houses sell for less money than fully staged homes.

By using a stager, you can increase the amount of money you put into it. Just by modifying these items, you can expect to see a return on investment (numbers from Homegain.com):

  • Clean and de-clutter: 872% ROI
  • Lighten and Brighten: 572% ROI
  • Landscaping (both front and back): 473% ROI
  • Paint interior: 250% ROI
  • Update Kitchen: 237% ROI
  • Update Bathroom: 172% ROI

As you can see, it pays to make improvements to your home. Here at Linda Craft & Team, Realtors, we work with a professional home stager to get your home ready to sell. For a free home selling or home buying consultation, please visit LindaCraft.com or call us at 919.235.0007. We have a whole team of experts for your home buying needs!

 

 

 

Raleigh Real Estate 2014 Housing Market Predictions

We are excited the holidays are over and we are back to full throttle in the Triangle real estate market.  Everyone is expecting 2014 to be an even better home selling year than 2013. If you are interesting in selling your Raleigh area home in 2014, then this post is for you!

What to expect in First Quarter

With the holidays behind us there will be an increase in home showings now.  You will also see an increase in new sellers entering their home for sale on the market.   January is one of the biggest listing months because so many sellers have avoided having their home for sale during the holidays.  These pent up sellers will come out now so the competition is going to change.  You will need to pay close attention to new listings in Wake County.

By the end of January it is important to re-evaluate home selling competition and position with a new market analysis.  This re-evaluation is to make sure the new competing properties have not affected your ability to sell by offering more house or upgrades for the same price or a lower price.  All home buyers make decision on what to buy through comparison shopping.  As our home inventory increases so do their choices.  Our hope is everyone will be optimistic about the new year and price higher which will help home values go up in the greater Raleigh area and increase your home selling odds at your current price.  We won’t know until we see what other home sellers do.

Traditionally, in the month of February, a lot of purchase contracts are written and home closing spike up by 40%  in March as a result of this.  March is the beginning of higher number of home closings per month and this will continue through September.  This great home closing fact, is something to yell Happy New Year about!  Our big real estate home buying season is just around the corner!

Happy New Year!

For more information and a free consultation, please call us at 919.235.0007 or visit www.LindaCraft.com.