A smile a day keeps the doctor away

  • Updated 02:18 PM EDT, Mon May, 2021

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Topic: Don't Be Discouraged If You Didn't Get The Home Of Your Dreams: 5 Steps To Help You Move On Site:

Topic: Don't Be Discouraged If You Didn't Get The Home Of Your Dreams: 5 Steps To Help You Move On Site: lifeyes.com

As a buyer, finding the perfect home isn't easy. It could be that you found your dream property, only to discover that the seller selected someone else. While it is easy to get discouraged, there are ways to turn things around, to realize that this particular home just wasn't meant to be yours. You can get back out there to find the home that is truly right for you. Here are five steps to help you move on:

Discuss your strategy with your agent

There could be many reasons why you didn't land that dream home, and it's not necessarily your buying strategy, but it's a good idea to chat with your agent to discuss what might have gone wrong and what you can do differently in the future. By reviewing the steps that you went through you can be better prepared for making an offer on a home the next time.

Take a step back

If you had your heart set on a certain home, it can be disappointing to realize that it wasn't meant to be. It might be tempting to jump right back in and start searching for something else, but it can also be beneficial to take a step back and let yourself heal from the loss. While moving may still be your goal, you can set a certain timeline for taking a break, and during that time try not to think about your home search. Taking a pause can refresh you and give you the strength and stamina to start hunting again. 

Reconsider your priorities

After you take a step back, another strategy is to reconsider your priorities when buying a home. You may find that being open-minded about your must haves, can lead you to more options. Maybe one of your must haves is a chef's kitchen, but you are finding that this criterion limits your search, while being open to doing a remodel on your own, can give you more homes to look at. 

Assess your budget and credit score

Depending on your situation, it is possible that you didn't land your dream home because you were outbid. That isn't necessarily the case, there could be many factors that influence who lands a home sale and who doesn't. It could be that you are reaching for a home that is outside of your means, or that you could improve your credit score to look more attractive to sellers. Consider all of these financial factors when you move forward with your home search.

Study the market 

The market can also influence your likelihood of landing that dream home. If it's a seller's market, that means that buyer competition may be high, and your credit score and financial health will be even more important. By watching the current real estate market, you can see when conditions might move in favor of buyers. If you have a flexible timeline, it might be worth your while to wait it out for market conditions to shift. 

These steps can help you find the motivation to start looking again, but whatever you do, don't give up - know that the perfect home for you is out there, and you will find it eventually. 

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