Getting Ready to Buy – the Mental Approach
Yesterday I wrote about four things buyers should do to begin the home shopping process. But there is a step before that and it is the mental preparation to buy.
Today most young people don’t have the income or down payment to buy and need to prepare themselves. When I purchased a home for the first time I was married, 20 years old and already had a baby. FYI; still happily married today 55 years later. Things were so much different then. My purchase price was $19,000. My down payment was $750 and my total mortgage payment was $165 and we had been paying $166 rent.
Economies change but the desire, will power, and latent mental and spiritual abilities do not change. The old clichés are true; where there is a will there is away. And, from the Bible, “It is done unto you as you believe”. Here are four suggestions to get started to purchase that first home.
1. Make a Vision Board. If you watch my video at Dougknowsrealestate.com/YouTube I show a vision board. The one I am showing was actually printed by Facebook but it is more fun when you make your own. We used to have Vision Board Parties and we would bring the card boards, glue, scissors, and markers. Then, every one would bring magazines of interest and usually about 10 of us would start cutting, pasting and making our own vision boards and we would talk about them when finished. It is amazing that I will meet people years later who talk about how a vision board helped them reach their goals. They are effective and fun.
2. Affirmations. I have another YouTube channel and will be posting more and more videos about the mental aspects. (Salesmagicsuccess.com/YouTube) Years ago I took a class and we had to choose a goal and our creative process was to write out the goal and then write 21 present tense statements pretending that the goal was already reached and then we summarized with a one statement that we would say to ourselves over and over that was a mantra so to speak. My goal was a new job and I wrote out 21 statements…my new job gives me a company car..I get three weeks vacation with my new job..my new job pays me this much money. My mantra was I love my job (I was in a job I did not love) I never interviewed and never sent out an application for employment or even told anyone except the class. Six weeks later out of the blue a fellow called me and offered me a job which I took and 17 of the statements on my list were granted.
3. Visualize. Go online and get the ideas. Take time to do this. My daughter got married and her honeymoon was in Paris. I had never been to Paris and she brought back the brochures from the museums. I had studied Art History in college and loved and recognized so many pieces of art. I told myself “I want to go there”. I was laying on the bed looking at the brochures and fell asleep looking at the pictures. I don’t think I thought about it that much but two years later we were in Paris and I stood 10 feet from the Mona Lisa at the Louvre.
4. Start. Got to the bank and open a down payment new home account. I have had many buyers give me the bank statement to prove money for the down payment and in many times it was named “New Home Account”. You can start with whatever minimum that bank requires; $100 or $500 – it is a start. Miracles happen when you make a commitment and get started.
Good Luck. You can do it.