Being involved in the business of real estate and insurance allows you come in to contact with a lot of interesting situations. You also have the privilege to develop relationships with people from various walks of life. Many of the relationships turn into long-term friendships and are very rewarding. As a result we have seen how different families cope with stressful situations like recognizing the need for life insurance or the process of obtaining a new home.
For this example let’s talk about buying a home since it can often create some anxiety and stress for the family involved. Obviously there can be a lot of emotions when dealing with all of the details that need to be arranged prior to receiving the keys and taking possession of the house. Sometimes this tension manifests itself in various ways. I have heard stories that it’s like walking on egg shells in certain households during that time frame and it’s not uncommon for members to blame each other for the smallest of things. When hearing more about this it is interesting to note that the blame was always placed on something external. Meaning if only the kids picked-up after themselves more there would be more peace in the home. If only the wife could be on time or if the husband helped out more around the house by doing the dishes, things would be different. What I’ve learned is that when people are bothered by something it’s rarely about that specific issue. As it pertains to the buying or selling of a house, communication with each other is essential during the process. Only though effective communication can someone convey their thoughts, intentions and objectives.
Here are two simple items to consider when going through the process:
First of all be sure to tell your team of professionals the whole story about your current situation and future goals. It isn’t easy to obtain expert advice when information is held back and details about your situation are withheld. Your lawyer, real estate agent, and mortgage broker have your best interest in mind. In fact their business is built on their reputation of taking care of clients the right way. It would be difficult for them to stay in business without ensuring that is done.
Secondly, don’t be afraid to ask questions. There are no silly questions but if there were wound’t it be would much rather look like an idiot and receive good information that’s needed, rather than being afraid or intimidated to speak-up and make a mistake that could costs thousands of dollars? While it may be hard to know what questions to ask, sometimes simply saying “Is there anything I haven’t asked you (about this house, this contract, or this mortgage) that you think I should know before proceeding?”
In closing, home ownership is very rewarding. While many in our profession endeavor to make it as smooth as possible, there are occasions when the waiting alone is the worst part of the transaction. Waiting for the accepted offer to purchase, waiting for the mortgage approval, or waiting for the closing day. So stay focused on the end result of what that day will be like when you unlock the door and walk into the space you can call your own, and remember it’s never about messy kids room, being late for an appointment or whose doing the dishes. It’s communication that is key and that fosters a good working relationships.