5 Myths To Be Aware of Before Buying Your First Andover Home!
Buying a home in Andover is an exciting time as you imagine what your new home will look like and, if you’re relocating, all that Andover has to offer. First time home buyers enter the Andover Real Estate market with not only a sense of excitement, but some anxious anticipation of what the home buying experience will entail.
As Andover Real Estate agents, we enjoy working with those looking to buy their first home and, as with any client, will walk with them through each step of the process. While daydreams of the ideal home consume a first time home buyers thoughts, we always try to provide a realistic approach so that buyers know what to expect. Below are five myths that many first time homebuyers hear that you’ll want to be aware of before you begin!
Myth #1- You’ll Find the Perfect Home- It’s easy to see visions of your ideal home when you begin thinking about buying your first Andover home. And, while it’s good to have a list of things you’re set on having in your home; being flexible is key. You most likely will not find a home with everything that you have on your wish list, and that’s okay!
Myth #2- The House has to “Speak” to You- It’s common for first time home buyers to think that a home will grab your attention from the moment you step foot in the door- it will just feel like it’s speaking to you. There are times that walking into a home, you’ll love the décor and the furniture that’s currently in the home and that may be the thing that’s grabbing your attention. Remember to look past the current owner’s personal touches to the actual flow and features of the Andover home. Alternatively, don’t write off a home on first sight because you don’t like the current style. Things like paint and even flooring can be changed. Look beyond the surface!
Myth #3- Never Buy a Home with An Old Furnace- While an old furnace can be a pain to fix or even replace, disregarding a home for this issue alone is not necessary although this myth is often believed. Buying a lower priced home with a faulty furnace that needs to be replaced can be a better choice than buying a more expensive home in which the furnace does not need to be replaced. Of course you want to be aware of other issues with older homes such as wiring and plumbing; which can become very costly. The bottom line is to weigh the pros and cons and don’t focus too heavily on those things that can be changed if the price of the home is right!
Myth #4- You Should Buy a Home You Can Grow Into- Planning ahead for the future is wise, and if you’re considering having a family, you may think you need a four bedroom home now. However, what happens if an unexpected move or job transfer arises or circumstances change? You may know that you plan on living in Andover for the rest of your life; which is great! The idea is to simply think through your goals for the future, as well as what you can afford for right now. If you can’t afford a large home right now, don’t worry. You’d rather have a smaller home now and be able to live without the stress of a major financial burden.
Myth #5- You Have to Win in the Negotiation- First time home buyers feel that in order to “win” a negotiation; they have to have the final word. There can be a lot of back and forth between you and the seller, and it may be easy to want to fight for the refrigerator or minor repairs to be made. But, you don’t want to get so emotionally involved with “winning” that you lose sight of the big picture. Buying a home in Andover is a business transaction, so it’s best to keep your emotions out off the table.
We hope that by highlighting and explaining a few of these myths that you’ll have a better understanding of what you can expect when buying your first home in Andover. As always, if you have any questions, we’re here to help and would be happy talk with you about the Andover Real Estate market!
We look forward to hearing from you!
Your Andover MA Real Estate Experts