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Luxe Marketing & Sales - Real Esate Company's Blog

By Luxe Marketing & Sales | Broker in 60657

Buyer's Remorse

It can happen to anyone. That twinge of regret after you've made the single biggest purchase of your life. The doubts pile up as you wonder if you made the right choice, if you're finances will be steady enough, and what if something better comes along? Here are some fool-proof ways to ward off buyer's remorse.
 
1. Make a List
 
A list of all the important things your home must have before you go searching is a must. Then, when you think you've found your dream home - compare it to your list. Does it have everything you were looking for? If not, decide if the sacrifice is something you can really live with. 
 
2. Stop Looking
 
Once you made the purchase, STOP LOOKING. Don't go to Open Houses, stop searching Zillow. You found your home and the search part is over. Unless you think the contract on your new home may fall apart, do not keep searching.
 
3. Keep in Touch
 
Make sure the agent who helped you find your home is helping you all the way through the transaction. Luxe agents are there from Day 1 to Moving Day. Questions will pop up along the way and having a knowledgeable expert can relieve stress.
 
4. Know Your Reasons
 
Make sure you know exactly why you're buying. Is it for your family? Do you need more space? Are you moving? These are legitimate reasons. Moving because you  don't like the wall color or you really want hardwood floors are going to give you instant buyer's remorse. Think it through! What makes you unhappy about your place? Can you fix it without moving?
 
5. Factor In Your Expenses
 
Before you sign on the dotted line, consider all of the expenses beyond the purchase price. Heating a 3 floor home is much different than a 2 room apartment. Think about how it will affect your spending monthly before you're in a situation you can't afford.


How do you stop Buyer's Remorse? Please share in the comments below! And please feel free to connect with us on our website, Facebook, or Twitter!

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