Have you had that feeling where you bought something, but then you instantly regretted buying it? It may be for financial reasons, or you simply gave in to panic buying even though you have no use for that particular product? Well, if you know this feeling, then let’s put a name on it: buyer’s remorse.
Now, buyer’s remorse is a pretty common thing for most shoppers, and it’s a very common thing when it comes to homeowners who have purchased their homes—especially our first-time homeowners! They might’ve bought a house and suddenly realized that that house they’ve purchased wasn’t up to par with their lifestyle or with their budgets, and this is a thing that occurs quite a lot of times! It might’ve happened to you, to your family members, or to your friends. So how can we avoid feeling this way, and how can we completely take out buyer’s remorse from our house-hunting vocabulary?
To be entirely fair, buyer’s remorse isn’t something that you can shrug off completely, but we can try and distance ourselves from feeling it by doing these things before purchasing your dream home
1. Stick with your budget!
Sticking with a budget is one of the most important things you should be doing and considering when you’ve decided to go house-hunting. As we know, not everybody has a trust fund, and most people need to stick to a certain amount when it comes to purchasing their first homes. So this is probably the first and most crucial step.
Yes, being a homeowner is a pretty cool thing, but it’s not something that you’d need to go into debt for. Always remember that.
2. Ask somebody else for a second opinion!
Sometimes you find the home of your dreams, but you feel a bit uneasy about it. You’re completely smitten with the property, but buying doesn’t always feel so right. So what would you do?
One thing that you can do is to get a second opinion. Bring a family member or a friend since they won’t be biased about the house, and they can give you an honest opinion. Do this to avoid buyer’s remorse!
3. Visit the house on the final inspection!
Another thing that most homeowners neglect is visiting the house on its final inspection. There may be things that you haven’t seen during the first few visits, and the final inspection is a time when you can see the extent of the house and if there are any necessary repairs. So it’s pretty essential to go to the house on its final inspection; we can’t reiterate that enough.
4. Consider the lifestyle that you’re living and would want to live in the future!
You may be purchasing this home while you’re still single, but you may want to build a family somewhere along the line. So it’s vital to consider the lifestyle you’re currently living and the lifestyle you’d like to live at least five years down the road.
If you’ve been meaning to start a family, we bet that you’d want to purchase a home in a good school district, right? So really think this through, and decide when you’re ready.
5. Always get a trusted real estate agent!
This is probably one of the most important things you can give yourself if you’re trying to buy a property. Going to a trusted real estate agent will not only give you the relief that you need, but you’ll also get better housing options than house-hunting for yourselves.
A trusted real estate agent is pivotal when it comes to buying your dream homes, and to not get ripped off, you might want to call someone you trust!
If you live in Chattanooga, Tennessee, then we have the perfect real estate team for you! The Ryan King Team | Keller Williams Realty specializes in getting their clients their dream homes at an incredibly reasonable price, and they tend to make buyer’s remorse disappear completely. Reach out to Ryan King by calling +1 (423) 595 7958.
You don’t have to feel any buyer’s remorse as long as you prepare yourselves for the task ahead. Give us a call, and we’ll help you find the home of your dreams!
