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Whenbuying a home or any large purchase such as a car, it is very common to experience buyer's remorse, especially for the first time buyer.  Even though you may be ecstatic about your purchase,  reality will hit that now you will have to care for and pay for the purchase.  Relax, this is normal.  Most buyers experience this at one time or another.  But, it will pass and you will be grateful that you did not let it overwhelm you and prevent you from buying the home of your dreams.    If you have done your homework and realistically approached your purchase by using good information and the help and advice of your realtor, you can be confident that your choice will be in your best interest.  EXIT First Realty can help you by providing information and guidance when deciding what type of home to purchase as well as what price point will make best sense based on your financial abilities.   

Buyer’s remorse. We all get it, but feeling remorse is easier to stomach from say, wallpaper or patio furniture, as opposed to a whole house.

Remorse is also one of the top reasons sales fall through, so whether you’re a buyer or seller, this nagging uneasiness and regret is something that should be avoided at all costs. So how do we steer clear of it? Earlier this month Realtor Mag’s Daily Real Estate News* shed light on the most common distractions and mis-steps buyers make.

Buying too big of a home – Too much (unused space) can lead to unnecessary expense and time-consuming upkeep.

Awkward layouts – This applies primarily to kitchen islands. But whatever the element, picture your daily habits, furniture, and lifestyle in these appealing, yet tricky, designs.

Not considering what’s missing – Some things we take for granted, and may not be on our “must have” lists. Bathtubs, fireplaces, mudroom, trees to climb in, etc.

Pools – Industry experts say this can be a great selling point, especially for areas with warm summer climates. But buyers who’ve never owned a pool before are often taken aback by the expensive upkeep.

Fads – There are a lot of cool things going into homes these days – wallpaper, brass fixtures, steel counter tops. Make sure what you’re buying has a timeless appeal, as well as bells and whistles.

In a nutshell, know yourself and your lifestyle. Be realistic, reasonable, and cognizant of remorse and any elements that may be the root of it. Know that some concessions will most likely be made, so what can you truly live with and without?

Here is where your realtor can offer you insight into the buying process and things to think about now, rather than after your purchase,  that you may have otherwise overlooked.  Now relax, and enjoy your new home without regret.

Bowie MD Real Estate - Listings for sale and Real Estate Services in Bowie Maryland and surrounding areas. You now have free access to Bowie, MD, Ultimate Real Estate Search Engine. Google or call us today.  EXIT First Realty  301-352-8100

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Dated: November 5th 2015
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