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HOW TO AVOID HOME BUYER'S REMORSE:

by Janet Wickell


 

 

1. Remorse Is a Common Feeling During Home Buying

You loved your future home when you signed the contract to purchase it, but now you're not sure if you made the right decision.

What if you acted too quickly and a better house comes on the market next week? What if you paid too much for the house?

What if something happens to your finances and you can't make your house payments?

There are hundreds of questions that will run through your mind during the period leading up to closing, the day you actually become owner of the home.

Most of the questions will be simple ones that are easily answered, but sometimes doubts creep in, making you uncertain if you want to proceed with the purchase. Unless there's a true reason for concern, your state of mind might simply be a case of Home Buyer's Remorse.

A home is the most expensive thing most of us ever buy and we all want to be sure we've bought the "right" one. Take these steps to determine if your doubts are buyer's remorse or an indication that there's a genuine problem with the home.

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