Tips For Avoiding Home Buyer's Remorse When Buying a Home

First, you should realize that these are tough decisions. It’s good to talk to family members about it. There will be many decisions to make and a lot of work for everyone involved. Life is about to change for everyone who is involved in the process. You can do this by working together so that it works out well in the end. Remember the expression “I need to take a deep breath and get my balance back.” Let other family members know when you feel the tension rising so they can also be prepared for what is coming next.

Make as an informed decision as you can make. There will always be surprised and the unknown variables in life that challenge us, but you can hedge you bets by making the most of your due diligence period and home inspection.

Get a good night’s sleep the night before you close the deal. Eat a nice breakfast that isn’t rushed. Have someone you know well look after your kids and pets until after your appointments. You don’t want to have any distractions while doing a big financial transaction.

At the “closing table”, some things can be unclear. Ask questions about anything you do not understand. Use a quiet voice and don’t sound like you are accusing someone of something. Simply ask for information and clarity. Be patient – take the time to understand what is happening and do not let yourself get angry or frustrated by assuming something without asking questions first.

What if your questions turn up an answer that you don’t like? You can say that you expected it to be done differently and why. Listen to any explanation calmly. Evaluate it. Is the other person right? How much does this difference make to you? Remember, it is not necessary for everything to go exactly as you want in order for the transaction to go well for you. Keep the big picture in mind. It is not necessary for every point of disagreement or dispute between two people to be resolved before a final agreement is reached.

The final meeting can be a long, stressful process of trying to close the deal. You’re likely to be stressed before, during, and after the “closing” (or settlement). But you don’t have to take this on alone! Make sure your team is prepared mentally for any obstacles that may come up. This means making the “Closing Day” as “STRESS-FREE” as possible in advance so you’ll all get through it together.

One of the last things you can do before you head to the closing table is head out into nature with family and/or some close friends. This will assist in calming any nerves that may be present when “CLOSING TIME” comes.