When you think about buying your first home, think about your first love.
Remember how all consuming it was, and how difficult it was trying to concentrate on anything else? It was bliss...wonderful, obsessive bliss. But, if your experience was similar to mine, the people who cared about you cautioned against moving too fast. "Date more people," they advised, and they were probably right. Not to say that your first love couldn't have resulted in a lifetime of happiness, but experience is a very capable teacher.
So it is with your search for your first home. Don't fall in love too fast. Really think it through and don't hesitate to ask for the advice of friends and family and, of course, your realtor. But most importantly, look at a sufficient number of houses so that you can feel comfortable with your selection. And remember, the choice of a house also includes the choice of a block, a neighborhood, a town and an area. My Web site, www.wessex-homes,com, covers the west Essex County neighborhood, an area comprising eight towns...Caldwell, North Caldwell, West Caldwell, Roseland, Essex Fells, Verona and Cedar Grove...each one a great town in which to live.
Now, were you to ask me how many houses you should look at, I would say that only you can answer that question. Actually, there's a well-known saying about pornography that informs the house hunting process: it's tough to define pornography, but you know it when you see it. In other words, you'll know when you have seen enough houses. That said, I would caution against allowing external factors to play too much of a role in your decision-making. For example, suppose a good buy comes on the market...one that's likely to sell fast. Your realtor will most likely tell you that, but there are two ways that the message could be delivered.
- The High Pressure Way: This is a great house. If you don't act now you are going to lose it.
- The Informative Way: This is a great house and it should sell fast. If you think it's the right house for you, consider making an offer, but do so only because it's the right house for you.
Which style of communication makes you feel most comfortable?
That brings us around to the role that a realtor should play in your search for a first home. If we were working together, I would want you to see me as a guide, a consultant, a set of experienced eyes, a financial advisor, an advocate and a watchdog. While that may seem like a lot of hats to wear, it's really only one hat: the hat of someone who will do what's necessary to make the purchase of your first home a memorable and joyful experience. So, as you engage the process of buying your first home, be in the moment. You'll only have it once.
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Brian McCabe
Coldwell Banker Residential Brokerage, Caldwell, NJ, 07006
Cell: (973) 865-1863 email: bmcccabe@wessex-homes,com
Game Changer...be prepared for surprises


Brian,
All very good points. I am working with several first-time homebuyers right now, and I always tell them that it's my job to look for flaws and their job to find the home they'll fall in love with. They'll know it when they see it. I also remind them that we can always change out the pink carpet in the bathroom, but we can't do a thing about the apartment complex located behind the otherwise perfect home. So, yes, guide, consultant, watchdog and advocate -- love being in the "service" business!
Great comparison- how very accurate! You make some excellent points.