Episode 017 – What the Hell Are You Waiting For?
You know that you’ve wanted to buy a home or condo for a while now, so the real question you need to ask yourself is, “What the hell are you waiting for?” For the very near future, it looks like prices are only going to go up and mortgage prices are rising… Buying a house is only getting more expensive. So, why haven’t you even made a single phone call? Why haven’t you spoken to a financial planner or a lender about the reality of whether or not you can make a purchase? In this episode, Tom takes a look at some of the fears that keep most people on the sidelines. The first thing up is the factor of “Unrealistic Expectations” and how that can ruin a home search before it even begins. Second, is the idea that potential buyers think the “sacrifices” they need to make will be too much, that suffering won’t be worth what they will get in return. Tom also covers the idea of what he believes to be the reason most millennials are as staying out of the market — an irrational fear of another crash. They witnessed many other people lose their homes — what kind of psychological damage has this done to this generation? And lastly, Tom covers what part negative peer pressure, from both family and friends, has on potential home buyers — and what can be done to overcome it. It’s another great episode! Please let us know what you think!