It has been said that buyers are irrational beings.
Buyers think that they make their decisions through a reasonable weighing of the facts.
However, research shows that they actually buy from their emotions first and use their logic skills second.
Once someone has chosen what to buy, they then look for reasons why it is a good decision.
This is truer in buying a home than in any other purchase.
Let Your Head Rule Your Heart If you are buying a home, you need to guard against getting too emotionally involved in a house before you know if this is the right decision for you.
Many times, while house hunting, a family will fall in love a house and purchase it.
They didn't take the time to calculate the wear and tear of the 45 minute commute that the new house will entail.
Often, three or six months after the move, the long commute will be just too much.
You will want to get out of the house and move closer to work.
Consider Hidden Expenses Sometimes a home inspection will turn up expensive repairs that need to made before the house meets your standards.
Be sure to calculate not only the financial expenses, but the time it will take for those repairs to be made, while you are living in a construction zone.
Also, realize that if you do need to make repairs or renovations, be sure to add an additional 25% to the cost estimate.
Contractors will try to save you money, but there are always unexpected expenses and delays on all of these types of projects.
It is great to fall in love with a house, but let your head rule your heart!