| A great deal of the information contained in "how to" | | | | approval spectrum. This is often a mistake because |
| guides or articles about buying a new home geared | | | | just because a bank believes you can make a certain |
| towards first time home owner is written by people | | | | minimum payment does not mean that it will be easy |
| who are to far removed from the process to | | | | or in the best interest of your family. The recession |
| remember it for themselves, or who have made the | | | | we are currently in hinges almost entirely on this type |
| information to technical. My goal is to provide | | | | of poor reasoning. |
| information from the perspective of someone who | | | | TIP 3: Nirvana Complex. |
| just bought a home. These are a few tips that I | | | | The nirvana complex is what occurs when people |
| would have found useful had someone provided | | | | compare an option or choice or not to other available |
| them for me. | | | | options or choices but to some idealized concept or |
| TIP 1: Real Estate Agent selection. | | | | nirvana like concept. When choosing a home it is |
| A real estate agent is someone who is going to be | | | | important to compare a potential candidate to the |
| playing an extremely vital role in your life. However, | | | | other options available that meet the same criteria. |
| the important thing to remember is that ultimately, | | | | Comparing a home to an idealized concept within |
| you, as the buyer, are making the major, life altering | | | | your own mind or to a house outside of your range |
| purchase. Do not let an agent ever make you feel | | | | is a sure recipe for failure. |
| uncomfortable, pressured, or bullied. | | | | TIP 4: Patience. |
| TIP 2: Price Range. | | | | My wife and I looked at 80 home before we made |
| This tip segues nicely from the first one: Real Estate | | | | an offer. Did this make us happy? No. Did it make our |
| agents ultimately only care about how much money | | | | real estate agent happy? Absolutely not. However, it |
| they can make. Yes, sometimes there best interest | | | | did lead to our ultimate happiness. A home is literally |
| will coincide with your best interest. However, most | | | | the largest single purchase most people will make in |
| of the time they are going to encourage you to | | | | their lives, and it is important not to rush into an |
| purchase a home at the maximum end of your | | | | unhappy purchase. |