It happens often with first time home buyers. They conduct an exhaustive search for a home and sometimes an exhaustive search for a realtor. After months of hard work they find that perfect home.
They make an make an offer on it and after some back and forth, the buyers and sellers reach an agreement and the first-time home buyers will soon become first-time home owners.
Time goes by between the acceptance of the offer and the closing of the home. There isn’t much to do but wait. During that time buyers will tell their families, friends and co-workers about the great home they will soon own.
That is when the free advice really starts. The buyers dad asks “did you ________? Make sure you get a __________. I hope you remembered to ______. There are infinite possibilities on how to end those sentences, and no matter how they end the buyers get a little nervous.
Then the co-workers and neighbors start with the: “I knew this woman who bought a house and she ended up with _____________. It was terrible. You should check to make sure that doesn’t happen to you. Then there was my friend who ended up paying ______________for _____________ and there was nothing she could do about it.
It seems like everyone is happy to add a horror story for the first time home buyer.
This is all normal, be prepared for it. No matter what you do, how you do it or which home you buy some well-meaning friend of family member will give advice and often that advice comes after the contract has been written and the financing is in place. Expect it, plan on it and remember if you are working with a realtor, he or she can probably answer the questions and help you through the post-offer, pre-closing jitters.
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