The magical power behind buying a home.


It’s as if you’re under a spell.


You lay awake at night. Dreaming. Fascinated. A place to call home. Just imagine … you and your home. You can’t think of anything else.


Are you spellbound about buying a home?

Sound like you…are you indeed spellbound about buying a home?


When you’re giving all of your attention to something it can more often than not blur your ability to keep your feet on the ground or exercise any common sense we may have inherent in our being.


Today’s thoughts are about breaking the spell to make sure that one of the largest financial investments that you ever make is done with precision and accuracy. This you’ll want to get right.


How do you break the spell of homeownership to ensure you indeed have success in buying a home? Break the don’ts to begin with:


Don’t think you have to keep up with the Joneses


Part of the jet set you may not be, so now is not the time to assume you are in order to keep up with the rich and famous with their lifestyle! You don’t have to emulate the success of your friends nor others to show that you’re wealthy, when in fact you’re not. Buy what you can afford. And if you are rich and famous, or even if just rich, you will only need to keep up with you and not the rich Joneses.


If you’re financing a home, you’ll find that your debt to income ratio is most important and your ability to get approved for a mortgage will be dependent upon how many bills you have in relationship to your income and how much credit that you’re using day in and day out. There’s an ideal range that will differ for everyone, yet leading towards the conservative side is wise. Debt to income ratios can typically go as high to just under 45% to gain approval – is this a wise decision however? Do you want to be maxed out?!


Don’t think that your new home must be perfect.


There are many improvements that you can make yourself that aren’t always costly. What’s important are the bones of the home. You can work within the blocks and framework to satisfy your desires, particularly over time.  Look beyond the bright turquoise walls that may not be your favorite color or the worn carpeting in the bedrooms; these are all things that can be replaced.


“Look beyond the bright turquoise walls that may not be your favorite color or the worn carpeting in the bedrooms; these are all things that can be replaced.”


You’ll want to look at the overall structure of your home and it’s floor plan and whether it will suit your immediate needs, you’ll want to like the neighborhood, the proximity to your work, schools for your children, nearby shopping and entertainment that suits your lifestyle. Yet again, prioritize these needs as you may not find them all.


And, if this may be your first home purchase, know that the fact that you’ve planned to buy a piece of Real Estate is the beginning of your future wealth accumulation. Buy your first home, then after 5-10 years, you can move up and keep your first home purchase to rent out having a stream of rental income coming in to pad your bank account. Repeat as you can! Brilliant idea and it makes a whole lot more sense than zeroing in on perfection.


home buying expectations


Don’t think that you can ignore home maintenance


Buying a home is so much more than all the pretty, glitter-like appeal you may imagine. No, in fact, it can amount to circumstances that are well beyond glitter when you come to find out that owning a home requires maintenance; far from the glitz and glam. Keeping up with seasonal maintenance is a must.


Maintaining your home is critically important, in order to lessen costly repairs and ultimately it results in you selling your home for more, when the day comes you decide to uproot you and your family to move out. I know that selling your home is the last thing that you’re thinking about when buying a home, but trust me…how well you maintain your home over the years is huge towards resale value. Go ahead and ask any homeowner who let their home maintenance fall by the wayside. Go ahead and ask away…you won’t like what they have to say.


“I know that selling your home is the last thing that you’re thinking about when buying a home, but trust me…how well you maintain your home over the years is huge towards resale value. “


Don’t think that it’s going to be only your way


Give and take typically will be at work during the initial offer to purchase time period and likely right through to the inspection period. You can ask and the home Seller will likely give, yet not always 100% of what you’re asking for from a home Seller. Know that it’s not to your advantage to tally up a list of all the itty bitty items, as with any home inspection there will likely be a lot of such items. Instead, your main focus should be on the major working components of a home; the home’s roof, air conditioning/heating, plumbing and the like. You certainly don’t want to tick off the Seller on requesting a hundred small insignificant items when what you really want is their help on the significant items in need of repair and/or replacement.

An experienced Real Estate Agent will be invaluable during these give and take periods, as an experienced negotiator will know how to get you the most for the taking.


Don’t think you can get used to the negatives of your home.


If you can’t change the negatives, think twice about living with it as it will likely only turn into home buyer remorse. It would be better to wait on that home purchase, until you find a home without that huge negative. I’d be pretty confident in saying that you’ll find a home that doesn’t have that huge negative attached if you just give it some time. Don’t rush a home purchase. It’s not uncommon for it taking several months to find the home that will be to your liking. Lessening regrets from a home purchase should be paramount.


Wrap Uphome buying in Boca Raton


Do take yourself out of the spell you’re under before you start. SNAP OF FINGERS…there you’re out of your spell – now get ready to be a homeowner…you’re well on your way once you break the don’ts, as discussed above regarding showmanship, perfection, lack of maintenance, stubbornness and settling. Forget about those don’ts.


Discover more useful home buying related Real Estate articles below:

What not to do when buying a home by Luke Skar

Tax deductions when buying a home by Bill Gassett

Costly home buying mistakes by Eileen Anderson

Financial well being and home buying by Dave Martin

Homeowner’s insurance need to know details by Danny Margagliano

Keeping pests away from your new home purchase by Michelle Gibson

Tools you’ll need on hand once you buy a home by Eric Jeanette



Today’s Boca Raton Real Estate article “Are you Spellbound about buying a home?” was written by Lynn Pineda a top Boca Raton Realtor and top Coral Springs Realtor. You’ll find Lynn selling homes in Southeast Florida in the cities of Boca Raton, Boynton Beach, Coral Springs, Delray Beach, Coconut Creek, Deerfield Beach, Margate, Lake Worth, Parkland, Pompano Beach,Tamarac, Sunrise, and surrounding areas within Broward and Palm Beach counties. Call Lynn at 954-464-1100 if you have questions about buying a home in Boca Raton to Coral Springs and around.

Lynn Pineda, a licensed Southeast Florida Real Estate Agent serving Southeast Florida since 2005. eXp Realty LLC. Real Estate Promises Delivered. You can speak with Lynn by calling/texting her at 954-464-1100 or you can email her at: if you need to buy or sell a Southeast Florida home. Your local, trusted professional when it’s time to buy or sell a home.  Real Estate promises delivered.

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