The Hard Truth About Homebuying: It's Mental Before It's Financial.
- Felicia Smith
- Aug 10
- 1 min read
The Hard Truth About Homebuying: It’s Mental Before It’s Financial
Just because you’re pre-approved for a mortgage doesn’t mean you’re mentally ready to buy a home. I’ve seen it time and time again—some buyers get cold feet, hesitate to make offers, or second-guess every step.
Recently, a client told me, “I didn’t realize how overwhelming this decision would be.” And they’re right—buying a home isn’t like buying a pair of shoes… or even a car. It’s a life-changing purchase that comes with responsibilities far beyond the monthly payment.
That’s why I coach my clients through the process—not with pressure, but with guidance, motivation, and support. Many amazing professionals in this business do the same. But here’s the reality: it’s often easier for someone to sign a $4,000 lease to rent someone else’s house than commit to a $4,000 mortgage on their own home.
Why? Because the mortgage comes with the responsibility of ownership—maintenance, taxes, long-term commitment—and not everyone is ready for that mentally.
On the flip side, I’ve had clients who view a few homes, know exactly what they want, and are ready to make an offer. These clients are mentally prepared, and that’s the key.
When you truly decide that homeownership is what you want, the finances often fall into place.
It’s mental before it’s financial. Always.
Check out the linked article (click the title below) from Realtor.com
