Avoid These Common Home Buying Regrets

Buying a home is a big decision. And for some recent homeowners, that decision has led to “buyer’s remorse.” But what, exactly, is driving that remorse?

A recent article from realtor.com outlined some of the most common regrets recent buyers have experienced after purchasing their homes, including:

Unexpected repairs. Many recent homeowners underestimated the amount of work their home would need, and in turn found themselves dealing with unexpected repairs.

Not considering their life circumstances. While navigating a competitive market, many buyers felt the pressure to buy as quickly as possible, not fully considering how the purchase would fit their present lifestyles. For example, the layout of the home might not work for their family, or the cost of renovations exceeds their budget.

Not listening to their agent. Agents have great insights into how to successfully purchase a home. One buyer’s agent suggested immediately renovating a kitchen on the home they purchased to increase the home’s value. But the buyer opted not to, and now that the costs of labor and materials have increased.

Want to avoid these common regrets? Make sure that you work with a qualified real estate agent! Your agent can help you find the right property, and weigh the pros and cons before you make a purchase.