Triangle Home Buying Series: The 6 Phases of Buyer’s Remorse, Phase 5

Here is the fifth installation of “Buyer’s Remorse” blog series. Each week we will go into depth on our list of expert tips on how to navigate buyers remorse in the home buying process. Every home buyer will experience “buyer’s remorse” several times on their way to realizing that dream. This blog will help Triangle area home buyers understand what’s happening to them and how to move through Buyer’s Remorse.

5. After you write the final check for closing day – Your closing day is when you will make the full commitment into homeownership.  Just as many engaged couples on their wedding day do, scan through all the reasons why they want to say “I do”. You are normal if you are asking yourself “am I doing the right thing”?  What if, what if, what if?  Remember real estate is not “until death do you part”.  Most home buyers become home sellers every 3 to 5 years.  Your housing needs will change along with your life.  Buying this home is not a lifetime commitment it is a stepping stone to building wealth why keeping a comfortable roof over your head.

TIP:  As you write a purchase check it’s normal for thoughts such as: “what if something happens to my finances” to creep in.  Remember, nothing in life is for certain.  Dwell on the positives of ownership, tax write off, investment growth and sleep better.  Homeownership offers you the ability to sell your asset and cash out in the future if you need to.  Renting is a problem if something happens to your finances too.  If you can’t pay you can’t stay and because you do not own anything, you have nothing to sell.

Six Most Common Times to Expect Buyer’s Remorse

1. After You Write An Offer
2. After the Offer is Accepted
3. After the Home Inspection
4. The Final Walk Through
5. After You Write the Final Check for Closing Day
6. After You Move in to Your New Triangle Home

Come back next week to learn more on how to overcome buyer’s remorse after you move in to your new Raleigh home!

Linda Craft & Team is here to walk you through the steps to home ownership. For a free home buying consultation, please call our office today at 919.235.0007. We look forward to helping you!