you ever bought something and then worried about whether or not you should have
done it? This is really a
common experience and is known as buyer’s remorse. Even though it is not
unusual, it causes distress when it occurs. Here are some typical symptoms of
“I PAID TOO MUCH!” After all the negotiating is done,
the buyer begins to wonder if he or she could have gotten the property for less.
This is often aggravated by a well meaning friend or relative who thinks you paid
too much when compared to what he or she paid for their home. Remember, every
piece of real estate is unique and cannot be compared on an apple for apple basis
with any other property.
“I ACTED TOO QUICKLY” Sometimes people get so wrapped
up emotionally in buying a home that they need to come down from the euphoria
of getting their dream home. Two or three days after the purchase, buyers may
begin to question various aspects of the transaction including timing. “Did
I act in haste?” “Should I have thought it over longer?” It
is not unusual to feel you moved too fast. At a time like this, rely on your instincts.
You bought because you felt it was the right thing to do.
“I DIDN’T SEE ENOUGH HOMES” After the purchase,
a buyer often begins to think about the shortcomings of the property. Perhaps
the master bedroom is not quite as large as originally desired. Or, more decorating
may be required. If you find yourself having these feelings, it is essential that
you recognize that there is no such thing as a perfect house. You bought this
property because of its strengths and you will have to, as in all purchases, accommodate
yourself to its shortcomings. Every home has them.
ADVICE: Buyer’s remorse is normal and usually occurs in
some form. The best way to feel good about a real estate purchase is to use the
services of a professional who can provide all the information and assistance
you need to make an informed decision. The best professional is a Realtor®.