But buyers remorse when house hunting isnt a given.
Here are the most common reasons for house hunting buyers remorse and how to protect yourself against it.
Always conduct your inspections, and do not waive contingencies to have your offer be accepted, he says.
Remorse is frequently emotional, not legal.
After escrow closes, it is too costly or impossible to turn back.
Once buildings were forced to catch up on repairs, HOA fees skyrocketed and property values plummeted.
Always ask to see the fee and maintenance records for any property youre considering that belongs to an HOA.
Start with a good understanding of your price constraints and adhere to them, London says.
Even in the heat of a market.
One factor that complicates these decisions: time.
The key to the house is, what items can you not live without?
says Jeff Lichtenstein, CEO of Echo Fine Properties in Palm Beach Gardens, Fla.
If you have three kids, does only having three bedrooms mean you oughta make a second move?
In my own case, I bought a home with a two-car garage and a short driveway.
Once both kids got cars, there was a lot of musical cars that we were constantly moving around.
Lifestyle mismatch
A house isnt just a place to store your stuff and sleep.
Its an intrinsic part of your life.
When it comes to specific features or the location that you want, its often a mistake to compromise.
Another easy way to regret a home purchase is to overlook the neighborhood.
We tell them to get out of their car and walk around their new block multiple times.
You also have to match your lifestyle to the house itself.
The best way to deal with buyers remorse when house hunting is to avoid it entirely.
