Many players in the real estate and property development industry feel that real estate can be therapeutic. Is this really the case for all home buyers and sellers? It is a fact that real estate therapy or geographic cures are the main factors responsible for the numerous moves that people make from time to time. Moving from one place of residence to another would only solve your own problems and that is only the case if the problem is affecting you.
What Is Real Estate Therapy Exactly?
There is no particular definition to therapy in the real estate scope but the element of moving from one place to another gives you a feeling of reprieve and satisfaction. For instance, if you have been faced by a couple of crises in your current residence such as the death of a loved one, divorce or a messy breakup, moving out of that place is what constitutes Real Estate Therapy and can prove to be more emotionally fulfilling than just that change of address.
Many people who have dealt with property matters for some time now would agree that relocating from your current resident after facing a big upheaval in your life can prove to be quite therapeutic. Many times, it is incredibly therapeutic for you to just let go and leave that environment that is more toxic. Moving to a place where you are comfortable with the kind of person you are and who you want to help to heal any wounds and injuries that you might have suffered mentally and emotionally.
There are many situations in life where Real Estate Therapy comes into play. Being widowed, events after breakups or unfulfilled marriage wishes are some of the elements that might force you to seek the reprieve of therapy and that is mainly achieved through relocation. We, however, need to note that not all therapies are responses to negative events in life.
Therapy can, therefore, apply in the case of a gain or loss both. Therefore, getting a new job, a change in life, returning to college or having kids in a family can cause someone to relocate to a better and befitting premise. Therefore, whenever you hear about Real Estate Therapy, your mind should not just switch to the negative aspects of your life.
A Home Is More than Just an Address
The definition of a home means more than just the housing structure you reside under. It comes down to the person in context here. That is why for some people, having a home is more of a reflection of their identity, taste, style, and memories. The manner in which people present themselves in the outside world and their values also defines the kind of homes they would have.
We cannot, however, refute the fact that for other people a home is just but the address. These are the people who view homes from a functional point of view. If you are the kind of a person who is connected to your home or property, and you see it as a reflection of your real self in the world, geographic change can be pretty much therapeutic in your case. This, of course, happens after you have gone through a crisis that forces you to move from your current location.
Do Not Rush Your Therapy
After you have gone through a catastrophic event such as divorce, breakup, job loss or are widowed, you are advised not to take any rash decision until after a year or so. Basically, you need to allow yourself more time to think about your situation and whether the move you are making would truly help to heal your wounds or make your life any better.
This calls for balancing financial and psychological needs. This might be a tricky aspect to handle but you need to try as much as possible to evaluate your case and weigh the pros and cons of making a move to a new house. Many people make impulse decisions whenever they find out that the houses they are living in are more crowded with memories and thus end up getting the kind of houses that they are not happy with. The rule of the thumb here is for you to make sure that you never come to make any rash decisions.
When planning your relocation, you have to ensure that you make the most planned and informed decision that will favour you and your family regardless of the kind of situation that you are going through. You, therefore, ought to do some research, get agents, look at what is realistic and reasonable and establish the true worth of your home. Balancing all of these aspects would make sure that you are well informed before you make any move.
In most instances, if you are moving because of any therapeutic reasons, there are high chances that you have less energy. This, therefore, means that you ought to be realistic in terms of how much you are able to handle. It is also good to understand what your level of risk is like. In most instances, you might find it quite helpful to find a new place before selling your current house rather than just having to sell before you even know where you will be moving to.
Moving Is Not Just About Bricks and Mortar
Changing premises can prove to be quite an ordeal and an upheaval in itself. You will have to sort, scrutinize and value all your belongings before making the move. However, this process can be cathartic in the ultimate phase. Many real estate experts would advice you that the process of sorting you belongings and whatever they mean to you can be quite significant. Therefore, you need a good amount of time to reflect on whatever it really means for you before making any move.
This means that, as you let go of your house, you should also have a proper mindset to let go of your possessions. What you keep, throw or give away rekindles some memories and emotions in you. At times, such life events can be emotional and thus you will find yourself thinking about them even after your move. Therefore, before making any final decision to move and as you sort your stuff, you have to make sure that your decisions are not injurious to you or any other family member. There are many other aspects you need to consider when making these moves.