Buying a home 101
Buying a home can be one of the most exciting times in a person’s life, as well as one of the most nerve-racking times, all at once.
If you have already bought a home, then you know that the first time is always the hardest. When many first-time buyers go out and start the home buying process, many have absolutely no idea what they are doing.
But a recent article by Dayana Yochim of fool.com entitled “Buying a house is easy,” helps to uncover some of the mystery that surrounds the home buying process with a few simple steps.
She contends that the home buying process is actually quite simple, and a lot easier than everyone makes it out to be.
“Every day I strive to simplify the unnecessarily complicated, to remove the veil of secrecy and confusion that cloaks financial decisions, and to illuminate the path to economic enlightenment with an easy-to-follow blueprint. It is in that spirit that in recent months I have been shirking deadlines and letting my voicemail and email boxes overflow in order to devote myself entirely to investigating one of life's most significant money milestones: buying real estate.”
“Today, I am here to guide you through the oft-turbulent and avoidably tumultuous high-dollar, hand-wringing, dream-dashing, fight-inducing road from renter to homeowner. First, you must intellectually dispense with nearly everything you've heard about buying a home.”
The author goes to explain that there are only two simple steps to buying a home: The first step being to actually buy the home and the second being to learn everything you can about buying a house. This may sound a bit ridiculous, but it actually makes a lot of sense.
Of course there is a lot of fine print and paperwork in between these two steps, but looking at it like this takes much of the headache and worry out of the process.
“As the first Two-Step Home-Buying adherent to go on record, all I can say is: It works! I've got myself a new home, and now I'm learning so much about real estate I practically sound like an expert.”
“The two-step process is so simple it sounds silly, doesn't it? It did to me, too, until I discovered the benefits of cramming all of that hand-wringing, doubt, competition, regret, and resignation of real estate shopping into an 18-hour period. Don't get me wrong: The traditional trajectory of real estate purchases certainly has its merits, if you have that kind of time on your hands.”
Of course, you could go through the traditional methods of a real estate transaction, but simplifying the process makes things a lot easier.
Yochim states that the easiest way to go about buying a home is to simply find one you like, buy it and then do all of the research. Of course, this could set anyone up for some huge mistakes, but for the most part it has worked for a variety of people.
