Sunday, December 16, 2018

4 "Big Regrets" to Avoid When Buying a Home (Part 2 of 5)

Head-off fear and regret by asking your real estate professional a lot of questions and listening to the answers. Using this informed approach when faced with “Big Decisions,” helps buyers avoid Four “Big Regrets”:

Regret #1: Decision Inertia or Waiting Too Long = Fear Fanned by Assumptions, Not Facts

Would-be buyers often watch a rising real estate market from the sidelines because they assume everything is priced out of their reach or because they hope prices will fall. Too often they are proven wrong. One young couple stayed out of the rising real estate market for years, convinced that city prices were too high for them. They watched and waited as prices crept higher. When they finally sought out a real estate professional to learn the facts, they did find a property at a price they could afford and in a location they love. However, delaying their purchase did end up costing them more and reducing their choices.

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