Should You Consult with Family Members Before You Buy a Home?

by Ellen Garcia 01/14/2021

Let's face it – the mere thought of informing family members about your decision to pursue a new home may cause your blood pressure to rise. However, there are many reasons why it often is beneficial to notify family members about your decision to kick off a search for a new residence. These reasons include:

1. You can identify and address potential homebuying hurdles.

Your family typically has your best interests in mind. As such, family members can help you plan ahead for the homebuying journey and resolve any potential conflicts.

For example, family members can help you analyze prospective home financing options. They may even be able to put you in touch with local banks and credit unions that can help you get pre-approved for a mortgage. Then, once you have home financing in hand, you can enter the real estate market with a homebuying budget at your disposal.

2. You can gain homebuying insights that you may struggle to obtain elsewhere.

Family members who previously bought homes may be able to provide you with property buying insights that you probably won't receive elsewhere. With these insights, you'll be better equipped than ever before to understand the housing market and make the best-possible homebuying decision based on your individual needs.

Of course, family members may be able to keep you informed about new houses that become available in your preferred cities and towns too. Because if family members know where you want to find a home, they can help you accelerate your property search.

3. You can receive plenty of support throughout the homebuying journey.

Your family is there for you during good times and bad. If you inform family members about your decision to pursue a new home, they can provide you with comprehensive support throughout the property buying journey. As a result, family members can work with you to help you achieve your desired homebuying results in no time at all.

When it comes to getting help in your quest to discover your dream house, you may want to hire a real estate agent as well. If you have a real estate agent at your side, you can receive expert assistance as you proceed along the homebuying journey.

A real estate agent is committed to helping you find a great home at a budget-friendly price. First, he or she will meet with you and learn about your homebuying criteria. A real estate agent next will craft a personalized homebuying strategy and notify you about new homes that become available that match your property buying criteria. And once you discover your dream residence, a real estate agent will help you put together a competitive offer to purchase this house. Lastly, if your homebuying proposal is accepted, a real estate agent will help you finalize your home purchase so you close on this residence and move into your new house.

Take the guesswork out of buying a house – hire a real estate agent today, and you can seamlessly navigate the homebuying journey.

About the Author
Author

Ellen Garcia

Ellen Garcia Broker, GRI, SRS, ABR, RSPS, SRES, RENE, MRP, LRS, LSE, LSS, AHWD, e-PROÒ Ellen believes that listening and understanding her clients' needs are the foundation of a successful business partnership. Her knowledge of the many unique communities in Fairfield County is an invaluable asset to clients new to the area, and she is able to help anyone moving to, from or within Fairfield County make an easier transition into a new home and community. For clients who are preparing to sell their homes, Ellen offers her first-hand knowledge of how to leverage the strength of a "brand" in showcasing and marketing their properties. Ellen offers a powerful advantage in bringing her skills and resources to work for her clients. With over 10 years, of full-time experience in the real estate industry, she is well-versed in the Fairfield County real estate market. Ellen has successfully completed: · Over 130 closed sales and rental transactions · Representing a dollar volume of over $65 million Ellen’s people skills lead the way in building a strong network to assist and support her clients in achieving their goals through every step of the real estate process: · Negotiations both local and global · New business development (sales & marketing) · Creative problem solving · Building partnerships · Tapping into Halstead Property’s network of 1100 agents in NYC and Lower Fairfield County Her career in Real Estate has been recognized with many awards including: "Agent of the Year” for Halstead Property Wilton and "Most Closed Sale and Listing Transactions” numerous times. Within Connecticut, Ellen has been recognized over the past several years as a "Connecticut Magazine 5 Star Realtor”. Awards 2016 & 2014 AGENT OF THE YEAR – HALSTEAD WILTON – HIGHEST GROSS SALES 2016 - 2011 CONNECTICUT MAGAZINE 5-STAR REALTOR AWARD 2016 - 2013 MOST CLOSED LISTINGS – Wilton Office 2016, 2014 - 2012 MOST CLOSED SALES – Wilton Office 2016, 2015, 2014 HALSTEAD PROPERTY PRESIDENT’S COUNCIL 2013, 2012 & 2011 HALSTEAD PROPERTY DIRECTOR’S COUNCIL 2014 HALSTEAD – PLATINUM CIRCLE 2016 HALSTEAD - GOLD CIRCEL 2015, 2013 HALSTEAD – SILVER CIRCLE 2007 COUNTRY LIVING ASSOCIATES OUTSTANDING RELOCATION SPECIALIST PRESIDENT'S AWARD (2005, 2006 & 2007). Leading Real Estate Companies of the World PREMIER CLUB – SILVER AWARD FOR REFERRAL ACHIEVEMENT (2006) Sales Associates Recognition Program Professional Associations: · Connecticut Association of Realtors (CAR) · National Association of Realtors (NAR) · Consolidated Multiple Listing Service (CMLS) · Connecticut State-wide MLS (CTMLS) · Mid-Fairfield County Association of Realtors (MFCAR) · Senior Advantage Real Estate Council (SAREC) · Real Estate Buyer’s Agent Council (REBAC) · Seller’s Representative Specialist Council (SRS) · e-PRO Professional Designations: · BROKER · ABR (Accredited Buyer Representative) · SRS (Seller’s Representative Specialist) · RENE (Real Estate Negotiation Expert) · GRI (Graduate Realtor Institute) · RSPS (Resort and Second Property Specialist) · MRP (Military Relocation Professional) · SRES (Seniors Real Estate Specialist) · LRS (LeadingRE Relocation Specialist) · LSS (LeadingRE Sales Specialist) · LSE (LeadingRE Service Expert) · AHWD (At Home with Diversity: One America) · REALTOR e-PRO · CONNECTICUT TRUST FOR HISTORIC PRESERVATION