Buying a home is never going to be a decision that you make without a certain amount of agonizing over the purchase. A lot of money is about to change hands, and once youâve committed to buy it youâve made a life-changing decision, so it is important to be sure. With that said, some people may see this as a reason to be reluctant about making a decision at all, stalling for additional time until, often, the decision is made for them.
Some people will be reluctant to âpull the triggerâ no matter how keen they are on the house that they have found, and itâs understandable. The bigger the decision, after all, the more youâll want to think about it – but below, weâre going to go into a few reasons why that âthinking timeâ needs to be condensed. Sometimes, you see, itâs time to be bold and make a big decision fast.
If itâs the dream home you want, someone else will want it too
Weâve all been in the position of humming and hawing over a purchasing decision, whether it be in a supermarket, a boutique or anywhere else. We go through so many stages, and sometimes will even walk away from the decision before cycling back to revisit it; and weâve all been in the position where, when we cycled back, the thing we wanted to buy was gone.
This happens to house buyers, too; you love the house, but you ask for time to think, you maybe check out a couple of other properties. When you finally decide that yes, this is the house for you, you put in an offer, but someone has already had one accepted. Thereâs no point waiting for this one to come back on the market – records show that in recent years, the average tenure in a newly-bought house is up to ten years.
Whatever your misgiving, itâs unlikely that time alone will cure it
Everyone has doubts before spending the six- or seven-figure it can cost to buy a house. It would be odd if they didnât, because itâs a huge amount of money. What a lot of people donât realize, however, is that people also have doubts after they have spent the money. Again, itâs a lot of money – thereâs no way those misgivings disappear overnight.
And thereâs the rub; you could take all of that time to think and still have those doubts. If your misgivings are more solid, game them out. If youâre waiting for your current house to sell, explore options such as Homeward to see how you could finance a swifter move. If thereâs something that doesnât chime right about the kitchen, realize that these things can always be fixed after you move in.
There is a classic idea that when it comes to making a big decision such as buying a house, youâll somehow âknowâ that you’ve found the right place. Thatâs a fanciful notion which belongs in fairytales; youâre not going to know, 100%, until after you have made the final decision. If you have to wait until youâre certain, youâll see a lot of dream houses sold while youâre struggling with the decision. Sometimes, it is worth making the jump.
Please note that some of the links above and below are affiliate links, and at no additional cost to you. All opinions are my own.Â
