Buying a house can be a source of tremendous stress for many. It’s extremely common to feel overwhelmed and nervous about specific aspects of the process. Luckily, there are some answers to the scariest questions to help ease your mind. Here are some of the biggest homebuying fears and what to do about them:
Buyer’s remorse is an incredibly common feeling regardless of what you’re buying. Getting caught up in the excitement or stress of buying a home can lead to rash decisions. However, with homebuying, much of that anxiety goes away with time. Once you settle in to your new space and make it work for you, you’ll realize you made the right decision.
Offering a hefty down payment has its advantages. It can give you an advantage against other sellers and even get you lower mortgage rates. However, you don’t need to spend your entire savings on your down payment. The standard practice of 2 to 5 percent is more than suitable for most lenders. Also, there are down payment assistance options available for first-time homebuyers to help ease the upfront cost.
Unexpected financial burdens are difficult to deal with even when you don’t have an expensive monthly bill to pay. However, many lenders and third parties offer payment assistance options like refinancing, loan modification and loss mitigation options. Understanding the terms and rules of your mortgage agreement will also help soothe this anxiety, as you’ll know exactly how much time you have to pay your bill and other important details.
These are only a few of the common anxieties potential homebuyers face. With such an important and complicated life decision, there is bound to be stress involved. Remember these facts for a more comfortable process.
Meet Kimberly Jokela:
With a genuine passion in people Kimberly loves helping her clients make their real estate dreams or needs come to life! Specializing in Luxury, Vacation, Retirement or Investment properties.
Born and raised in the midwest in a family with a strong work ethic, filled with creativity & dedication.
Her determination lead her to attend college at the "Philadelphia Performing Arts" where she had the opportunity to follow her passion in the Arts & to travel. Living in California with her husband Rick for 15 years together they built a successful business. After the birth of her beautiful daughter Brittany, seeking a "small town” coastal lifestyle, they took a trip to Naples Florida & fell in love with all it has to offer and made the jump!
With now over 17 years experience as a licensed Realtor serving Naples, Bonita Springs, Marco Island, Estero & Fort Myers.
A great listener, negotiator & connector, Kimberly is dedicated to helping her clients looking to BUY their ideal Florida property!
Her warm & friendly personality is present in everything she does on her clients behalf!
Kimberly’s creativity & "out of the box" thinking gives her clients the extra leverage they need when SELLING a property.
Her well organized marketing includes professionally produced photography, video, drone imagery, media presentation in print, numerous online websites & social media!