I saw this article (House hunters are too scared to buy despite low prices) recently on CNN Money and I had several thoughts. My gut reaction is to think “Ok, I can understand, I’d probably be in the same holding pattern”. That is a very FEAR based response and to be frankly honest, not how I want to live my life. I don’t know about you, but I don’t want fear to be the deciding factor in what steps I take or do not take.
Fear is an indicator, that’s it. It tells us when we need to take account of what’s going on around us and either push forward or change course. It’s a tool of sorts. And when it comes to fear, there are generally two kinds – Fear that is an indicator we need to pay attention to something and fear over something that could kill us. Many times we mistake the first kind of fear for the second and stop moving all together. That would be a mistake.
In a market like this, if you have a goal of buying a home, don’t just let fear stop you. Push through it and gather information. Reach out to those who have accomplished what you are aiming to do, talk to the professionals that can help you – in short, gather information, get educated. Once you have gathered a reasonable amount of in, and gotten educated, you can then make an educated and sound decision.
I talk to many people that let fear stop them, where instead, if they sought education and knowledge, they would probably find out that they have a huge opportunity in front of them, that they are letting pass by and it is costing them a lot of money.
So, there’s my two cents on fear. To read the entire article, just click here.
