Buying or selling a home is one of the most important decisions anyone can ever make. And when there’s more than one person involved, it’s a decision that will require the ability to communicate clearly and the willingness to reach agreements on a number of issues.
Take spouses for example. A particularly strong bond exists between a husband and wife. It’s a bond that’s very much based on the ability to communicate and agree with each other. When it comes to buying or selling a home, clear communication and sound agreement between spouses are key elements in achieving success. Although this concept may seem like common sense, a surprising number of spouses will fail to cover all the bases before attempting to reach an agreement. So when the time comes to sign on the dotted line, any disagreement is likely to bring the deal to a grinding halt.
It’s time to ask each other the important questions. Are you both really ready to buy and/or sell? Do you have the resources in place? Did you work out a list of reasonable expectations? Do you have a plan? If the both of you can answer yes, it’s time to move forward.
And make no mistake, there’s going to be some level of compromise. Spouses have to be flexible and reasonable with each other. You might not find a home that completely satisfies the both of you. You might not get exactly what you expected from the sale of your home. You will have to adapt when things don’t go exactly as planned. The time may come to implement a new plan. Expectations may need to be lowered. It’s all easier said than done. You’ll have to do whatever it takes to make it happen.
Buying or selling a home is challenging to say the least. And it’s even more challenging when there are multiple individuals involved. Just make sure you are all on the same page before you undertake such an important and complex endeavor.