How Do You Avoid Buyers Remorse (Real Estate)?
One of the most exciting feelings a person can have is purchasing a new home. You have worked hard and saved for this life-changing occasion. Sound like marriage to you? You have looked at many many homes within your price limit, but none seem to have that “it” factor, so you consider going a little higher. It will only require a little more each month to purchase something that you really love. So you take the dive and buy a home that is beyond your price range. It is clean and fresh and shiny and new and everything smells good. All the sounds are new and exciting – at first. A few weeks later it hits you. You need to come up with an extra $400 to pay the mortgage (for the next 30 years), the house is taking on your familiar smell, and familiar mess in the kitchen. You start to wonder if you should have purchased that nice little fixer-upper down the road, but it is too late. You have committed to a lifetime investment, and there is no sale in sight due to the housing slump. You are a