Everything that is worthwhile in life is scary. Choosing a school, choosing a career, getting married, having kids, BUYING A HOME…all those things are scary. If it is not fearful, it is not worthwhile.  

With a sales contract signed already by all parties is often the time when the remorse process quite often begins. Of course everyone in real estate knows about buyers remorse.

Buyer’s Remorse - Did You Make a Huge Mistake?

When you were in  hot pursuit of the "American Dream" you were excited about the future and owning your own home -- researching neighborhoods, searching MLS sites on the internet, viewing homebuyer’s magazines full of appealing homes that were just "minutes from the beach" with "fantastic views" and "cozy family rooms."

Next came the really good stuff – looking at houses. Full of imagination and optimism for the future, you wandered about each home envisioning a happy and contented life for you and your family. The first house might have been "too big," and another was "too small," but finally you found one that was "just right."

So you made an offer and waited anxiously and excitedly for the counter-offer. Finally, you and the seller agreed on terms and you bought yourself a brand new home!

Congratulations! Break out the champagne and celebrate!

However…

Later that night or perhaps the next day, you started worrying.

Did you make the right decision?  Can you afford it? Is it the right time? Should you have waited? What if you lose your job? What if this happens? What if that happens? Anxiety and stress set in. Sleep may be hours in coming.

This is a normal reaction to buying a home.  It is called "buyer's remorse."

This is what you do...

Take out a pen and paper right now and draw a line down the center of the paper. Calmly and logically, think of all possible advantages to buying a home and write them down on one side of the page. Afterwards, you should list all the disadvantages on the other side of the paper.

This process is supposedly how Ben Franklin used to weigh tough decisions.

After you get done writing your lists, you may think back on your anxiety and think you were being silly.  After all, buying a home is obviously a good decision.  Your list proves it.  But your reaction was normal and shared by many.  You see, buying a home is not entirely a rational process.  It is an emotional process, too.

You will not be totally stress-free, but it will help. Also be sure to read my article "BUYING VS. RENTING".

It is normal to have a sleepless night after having an offer accepted and those feelings are expected.

 PLEASE FEEL FREE TO CALL ME FOR YOUR FREE BOTTLE OF "BUYERS REMORSE PILLS"  RE DOCTOR: VIVIAN DRAPER (660) 909-8777