It’s a known fact that the process of buying a home can be stressful, confusing, and difficult in general. However, there are certain tell-tale signs of whether you’re actually serious about it and ready to buy, or if you’re just a “looky-loo”, a non-serious buyer.
You May Want to Re-think:
- Not having an agent: There might be a multitude of reasons you don’t want an agent, however, they are your true guides for the whole home-buying process. They have easy access to information you may not, such as the comps for the area. They also know more about possible price variations, and how much money can possibly be saved.
- Looking all over the map: It’s better to stick to a smaller radius than a big scatter plot of homes. Usually buyers are more serious when they have narrowed their search down to the exact area they’re looking in, and know the pros and cons of the surrounding area.
- If you’ve been looking for a long time: Yes, buying a home is one of the biggest purchases of your life. However, the longer you’ve been looking, usually the less serious you are. If you don’t have a list of your personal wants and needs to look for in a house, it will be harder to realize when you find the right (or wrong) one.
- If you’ve seen a house three times or more: If you’re truly ready, you aren’t afraid of going for it. If you realize that you just can’t commit to any of the many houses you’ve seen, then you may not be a serious buyer.
- Open houses are your only viewings: You may not be ready to commit if you find yourself sticking to looking at houses in a group, and are nervous about making one-on-one appointments.
You May Be Ready To Buy If:
- You have a lot of questions: If you find yourself asking about important questions, such as about the school systems, neighborhoods, parks, and transportation, then you are probably more cognizant about the buying process and the small, important details.
- You know what you can spend: If you have a budget, and your finances in order, you’re a (big) step closer to being a “serious” buyer. Be sure to become pre-approved as well.
- You make appointments: If you spend more time in private showing appointments than you do at open houses, then you are probably more ready to buy.
- Bringing other people: If you bring other people along to see houses, then you may be more serious about making that commitment to buy a home.