Buying a home from the perspective of a woman has many unique issues that need to be addressed. From the condition of the home to floor plans, maintenance, basements, safety… Many dilemmas face women that do not necessarily seem important to men. Maybe…
Buying a house as a single or married woman can be an eye-opening experience. It can cause strain on a relationship, especially on a single woman or a married woman in a rocky relationship. In the case of the single woman, many boyfriends would be threatened by you deciding to buy and move into home ownership without them. The status quo is much safer for them. By God, who do you think you are upsetting the apple cart. Well, you happen to be the one that wants things to move forward and realizes you want a home with or without him. It’s ok! You’re Good!
As I describe the dilemmas, decisions and scenarios, some may sound sexist and stereotypical and they are…But it’s hard not to when talking to such a large and diverse group of women…So keep the chip off of your shoulder, smile and let’s get it going.
Many women, like many other people (was that politically correct or what!) can be intimidated by the process of financing a home. You don’t need to be. It’s fairly simple and straightforward. Go to the lending section and figure it out, or email me…I’d be happy to help. What you really need is a good agent to lead you through the pre-approval process. Once you have the type of loan matched to your budget and savings, you’re ready to go.
Looking at property is where you will excel. Women, for the most part (again politically correct), are much better at thinking and visualizing floor plans and decorating ideas. Guys are still in the cave. Where’s the garage, basement and backyard…You on the other hand think about “Gee, where will we eat, get rid of what we eat, sleep”, “oh what about my wardrobe, how will the furniture fit”…you get the picture. Ultimately, you’re the King and Queen of the Castle so pick wisely and make sure he gets at least one or two of the things he wants. Taking care of the loyal minion is your responsibility!! Ooh, that was not so correct…But you don’t care and neither do I.
The condition of the property seems to be an issue for most women. Don’t worry about it. One way to skin this cat is to buy a virtually maintenance free home. Like a home with vinyl sidings, or brick, or enclosed soffits and guttering (so you don’t have to paint or care for the outside). Also, you will more than likely invite your Dad to look at the property with you before you buy. (After all, it’s the politically correct way for you to save face with him…Even if he doesn’t know anything, his feelings will be hurt if you don’t. And remember, there is no home in the world good enough for his little girl. Just remind him that you will be having a professional building inspector check the building out before you fully decide to buy it. That solves that problem.
Another way to solve the concern over the maintenance and fixing of the property is for you to buy a home-protection warranty when you purchase the property. This warranty covers almost everything that works in the house. If something breaks, you call the warranty company and pay a small deductible. The warranty company will either fix or replace whatever is broken. I recommend home protection warranties to everyone, especially First time buyers. It just takes the edge off worrying about fixing or costs associated with fixing the house. And by the way, they don’t break down that often. This type of warranty costs about $450-$500 and can be included in seller paid fees for you and is renewable.
The trouble with a boyfriend when buying a home can be small or large. I think it’s a function of the status of the relationship and self-confidence. You sort it out as you would like the situation to be if you were on the other side looking in… and remember this Don’t ever buy the house he wants and you don’t, because you’ll make both of your lives miserable. Women rule the choice of which house they buy and if he’s smart, he already knows this and if he isn’t, just gently remind him. Have fun and I hope you enjoyed Big T’s view of how the world of real estate works. If you need help call me…I’d be honored and you’ll be surprised.