Downing Frye Realty Inc.
Molly Eovino, Downing Frye Realty Inc.Phone: (239) 537-5100
Email: [email protected]

Tips for Homebuyers: How to Handle High-Pressure Situations

by Molly Eovino 11/24/2019

Completing a successful homebuying journey may be difficult, especially for those who do not plan ahead. In fact, high-pressure situations may arise that lead you to make rash homebuying decisions. And if you make the wrong choices, you risk paying an exorbitant price to acquire your dream residence.

There is no reason to let high-pressure situations cause you to make poor decisions throughout the homebuying journey. Now, let's take a look at three tips to help you map out your homebuying journey so you know exactly how to handle any high-pressure situations that come your way.

1. Maintain Flexibility

A high-pressure homebuying situation may make you feel like you are backed into a corner. However, it is important to remember that options are always available. And if you take a deep breath and step back and review a high-pressure homebuying situation closely, you can determine the best course of action.

Those who maintain flexibility as they try to acquire their dream home may be better equipped than others to handle high-pressure homebuying situations. Because if you maintain flexibility throughout the homebuying journey, you can take an objective view of the options at your disposal and proceed accordingly.

2. Establish a Budget

A budget generally is helpful, particularly for those who want to acquire a terrific home as quickly as possible. If you have a budget in hand, you'll know exactly how much you can spend on a home. Then, if you face pressure to increase your offer to purchase your dream residence, you'll know whether you have the financing available to do so.

Keep in mind that the costs associated with purchasing a home extend beyond the price of a house itself, too. As you establish a budget, you'll need to account for closing, appraisal and inspection expenses and various other fees in addition to the cost of a house itself.

3. Work with a Real Estate Agent

A real estate agent can take the guesswork out of buying a house. He or she also will go above and beyond the call of duty to alleviate stress and ensure you can proceed with confidence as you pursue your ideal residence.

Let's not forget about the guidance that a real estate agent provides when you're ready to submit an offer to purchase your dream home, either. At this point, a real estate agent will help you craft a competitive offer to purchase your ideal house. He or she next will submit this offer to a seller on your behalf and negotiate with the seller as needed. If you and a seller come to terms on a home purchase agreement, a real estate agent will help you close on your dream home as well.

For those who want to simplify the homebuying journey, it helps to prepare. Thanks to the aforementioned tips, you can get ready for high-pressure homebuying situations and speed up the process of acquiring your dream residence.

About the Author
Author

Molly Eovino

Except for a short time, I was a permanent resident in Cedar Rapids, Iowa. The heart of the Midwest!  I visited Naples for 30 years, as my parents lived here, watching the community grow from a fishing village to a destination in SW Florida. When my last college bound child hit the University of Iowa in 2001, I hit the road!

I brought with me over a decade of experience in Real Estate, excellent education, and a broad range of interests to jump into the Naples scene with gusto! I "speak" golf and tennis, theater and location/mapping!

In Naples, you will find that nearly everyone is from somewhere else! As a result, your friendships will span the nation and globe, with immediate contacts in England, Germany, France, the East Coast, and the Midwest! Once visitors have experienced Naples, they want to call it home, and then "visit" where they originate from! I am no different, and have tried to learn as much about the town and all it´s history and activities to feel like a native!

I promise you a city tour to help you fall in love with the flavor of Southwest Florida, from the lure of the beaches, morning and sunset, to the different types of golf (equity or bundled). May I interest you in the gourmet flavors that abound, from food to entertainment?

As an active community volunteer in Iowa, I worked on Junior League fundraising events, the Cancer Crusade, March of Dimes, and Kidney foundation drives, and was extremely active in the school committees involving sports (football,basketball, track); cheerleading; and 4 years of show choir productions, Concert Choir, and Madrigal Singers!

Naples has already found a nitch for me in the Naples Players Theater, where I volunteer as a backstage dresser to advance their enthusiastic cause!  I just haven´t gotten on stage...  Growing up in a musical environment,Broadway shows in Naples keep me humming.

The Naples Children & Education Foundation draws my heartfelt attention& volunteer hours  from summer months to the annual Naples Winter Wine Festival in late January.  Their mission statement "supports effective, disciplined charitable programs that significantly improve the physical, emotional and educational lives of underprivileged and at-riskchildren in Collier County, Florida".  As a non-profit organization,the wine festival raised nearly $12 million during the 2019 event! From helping with mailings, to what I call the "quilting table of many hands" for events, I've met many like-minded friends, who believe it's all about the kids!

My educational background spans a multitude of areas, but now they all concentrate on improving my real estate performance. It includes:
BA degrees in Psychology & Vocational Rehabilitation from the University of Northern Colorado.
Mediation Seminars for the Iowa Farmer-Creditor Mediation Services.
Real Estate License in Iowa, REALTOR® 1988
Graduate of the Realtor´s Institute (GRI) 1992
Certified Residential Specialist (CRS) 1994
Accredited Buyer Representative (ABR) 1999-2018
Licensed Broker-Associate, Florida, 2001
Certified Distressed Property Expert (CDPE) 2009
Certified Investor Agent Specialist (CIAS) 2012
Resort & Second Home Property Specialist (RSPS) 2016

As you can tell by my "personal resume", we will become friends as well as business associates. I enjoy teaching my customers Real Estate-ese so that you can make an educated decision regarding your first or second home, or your new rental property. The market in Naples is excellent, and truly is a beautiful Paradise! With year-round tropical temperatures and deep blue skies, I hope that you will agree that I provide

"Midwest warmth in the Naples sunshine"!