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According to Realestate.com, buyer's remorse is one of the top ten mistakes made when purchasing a home. Finding the perfect home and making the decision to buy a home are not easy tasks. First, you spend hours on the computer researching Greenville real estate and neighborhoods, perfecting your search criteria on MLS websites, and viewing many virtual tours. Then, you begin making appointments to go take a look at the ones you think stand a good chance at being the future home of your family. As you walk through the house you envision the happy life you and your family would live and the future décor for this room and that room. You see houses that "require too much work," "don't have enough storage," ones that are "too small" or maybe even one that is "do-able but not perfect." Finally after weeks or even months of searching, you find "THE house." Now you send in a promising offer and anxiously wait for feedback. You and seller come to an agreement and the offer is accepted. Once the papers
are signed you can relax and enjoy the excitement, right?
Wrong! Shortly after signing the agreement many people experience buyer's remorse. When a person begins to have feelings of doubt about their decision it is known as buyer's remorse. The feelings of doubt are also accompanied by stress and anxiety. What if this is not the right decision? Am I getting a fair deal? Is this the right house for me and my family? What if there is something better out there? Questions start invading the committed buyer's mind causing them to become hesitant and loose confidence in their decision. This worrisome state of mind, known as buyer's remorse, is becoming more common in purchasing Greenville real estate.
There are several ways to avoid buyer's remorse when purchasing Greenville real estate. The biggest worry people have when experiencing buyer's remorse is finances. Buyer's often worry about whether they will be able to comfortably afford their soon to be home. In order to prevent this from being a problem make sure that you have chosen a good price range that takes all of your other expenses into consideration. The appropriate price range may not include the maximum amount you are approved for; however it is very important not to exceed your set amount. The second biggest part of buyer's remorse is being satisfied with the house. People experiencing buyer's remorse second guess their choice in a home. They begin to believe that the chosen home may not be the best one that is out there. Before you started looking for a home you probably made a list of things you were looking for. Take this list of things you were looking for in a home and see how many of the things match up with the characteristics of the house that was purchased. If most of the things match up, especially the most important ones, then there shouldn't be any second guessing. If they aren't comparable, then try to figure out why the compromises were made and if they still make sense.
For more ways to manage buyer's remorse and tips for home buying visit LizFreeman.com and LizFreemanHomes.com.
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According to NAR home sales have been rising in the last few months accross the board. Good for all of us. But for those still out there thinking that the government is going to continue the home buyer tax credit up to $8000 well we will see. I certainly would not put all my eggs in one basket hoping that I will have more time.
The deadline to get a home under contract is Oct 15, 2009 if you want to make sure you are closing on time. The tax credit ends Dec 1st. But that means you need to be closed out and recorded; lets not forget that it must record before it is yours. So really the deadline is Nov. 30th that everything needs to take place.
For those of you who did not wait good for you. Proud that you have taken a step and were able to accomplish the American dream of homeownership. For some out there that feel this should be a right not a privilege we will talk later but that is for another post all together.
Just wanted to remind all of you; you can still buy, there is still plenty of inventory out there and buyers are still getting good deals. I don't mean that the sellers are giving the houses away but are willing to negotiate.
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Anytime you drive down the freeway, whether you are in a big city or small town, you tend to see more condominiums and town-homes sprouting up all over. They come in all sizes, shapes, and forms, from Spanish Villas to sprawling Ranch Styles.
The townhouse and condominium planned communities have come of age and people are taking to thime like the gold rush of days gone by. With this type of ownership, you gain more than a home. You gain a lifestyle. The right REALTOR can help immensely in finding the right lifestyle for you and your family.
As a Real Estate Professional, I have helped many people, JUST LIKE YOU, own the home of their dreams. Call me today for a FREE BROCHURE that will outline what a Condo-Townhouse purchase can do for YOU!
For more free info about buying and selling visit: www.GreenvilleHomeTeam.com
"Let me help you open doors you never even knew were available"
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Quail Ridge is an established townhouse community that is located in the heart of town and very close to ECU. This very large neighborhood is situated in a wooded area with upkept landscaping. These homes also have patios in the rear and may have little storage units as well. You have several different floor plans to choose from with both single floor and two story choices. The prices range from $79,000 to $115,000. Amenities included are a community pool, clubhouse, playground, and tennis court. For more information contact us at: www.GreenvilleHomeTeam.com

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