How to prevent buyer's remorse
Author: spencer   November 20, 2017

As a consumer, you know firsthand that buyer’s remorse is a real thing that we have all suffered from, at least once. The one thing you don’t want to regret buying is your future home. It is important that you do your due diligence as a consumer and research all aspects of the home, it’s location, neighborhood, school district, and so on before signing on the dotted line. All of this research will take a substantial amount of time, but trust us, it is totally worth it in the long run.

How to prevent buyer’s remorse:

  • Research.
  • Is the home in a flood zone?
  • View the crime report for the neighborhood.
  • Don’t sacrifice location.

Research.

Research, research, research. Did we mention research? The research you do prior to buying a home is dependent on your happiness after you close on that home. Not fully understanding what you are walking in on after you close is sure to give you that feeling of remorse that you were so trying to avoid. Buying a new home is supposed to be a happy and exciting time. Don’t let the lack of preparation rob you of the warm and fuzzy feeling.

Is the home in a flood zone?

It is important to know if your possible new home could be in a flood zone. Signs of previous floods or creeks in the area could add a significant amount of money to your homeowner’s policy when flood insurance is added.

View the crime report for the neighborhood.

Do you have children? If so, the crime rate in your future neighborhood could impact your children and your home’s resale value. Don’t forget to view the statistics! There are plenty of resources out there to help you find the needed information including your local newspaper.

Don’t sacrifice location.

Do you want to live in a certain school district, close to your place of employment, or close to shopping and restaurants? If so, don’t settle for anything less than what you want. There may not be any homes available or the homes available may be out of your price range, but it is important to note that it’s better to be patient than to rush into something just because.

Be sure to stay firm on the things that are important to you and your future home, and you won’t be disappointed. If you are ready to search for your future home, contact us today!

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