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Friday, March 29, 2013

Combat buyer's remorse

Most consumers are excited after buying a home and eager to begin personalizing their new property to their tastes. But owning a home is a large responsibility, and some individuals become nervous after the sale is completed and begin to have doubts about their new investment. Buyer’s remorse is a common occurrence after making such a large transaction, but just because individuals may have some reservations does not mean they made the wrong choice.

There are several benefits to owning a home and consumers who are regretting their purchase can overcome these feelings by adopting a new mindset about their new house.

Address the source of the problem

One of the first steps new owners should take when they’re feeling remorseful about their decision is to address why they feel the way they do, according to AOL Real Estate. Buyer’s remorse can occur for several reasons, ranging from dissatisfaction with the layout or features of the home to stress over mortgage obligations. By knowing which aspect of the purchase is making them nervous, new homeowners can find solutions to their fears.

Take action

There are several ways to overcome buyer’s remorse, and many of them just require a change in a homeowner’s mindset. For example, individuals who are flustered by the financial obligations associated with owning a home may be looking at the costs as a burden. However, taking time to think about the positive financial aspects of homeownership, such as building equity, strengthening their credit and bolstering their retirement, can demonstrate to homeowners that their purchase will work to their advantage in their futures.

In cases where homeowners are dissatisfied with the tangible features of their home, it’s important to design the house to their tastes to make it feel more personal. For example, some consumers may think rooms are too small and fixtures are too old. But knowing how to decorate and paint to maximize space, and replacing fixtures and appliances to give them a fresher feel can make new buyers feel at home. In addition, homeowners should remember that there is nothing about their home that must stay the same. Individuals may want to spruce up the house by upgrading the floors in their living room or counters in their kitchen. Even the most modest improvements can give a room a new look.

My name is Scott Grebner and I have been helping my clients realize their own personal real estate dreams. Real estate is a relationship-based business that works best when client relationships are built on trust and confidence. My goal is having clients be completely satisfied with the professional and caring service they have received.

The role of technology is rapidly changing how the real-estate market functions in this country today. Gerharter Realtors is embracing these new mediums of communication to better serve our customers. We have created our e-family to better place important information in your hands to help you with your housing needs. As a part of Gerharter Enterprises we have access to a broader range of additional services and resources to better assist you. Visit me at my Web Site, Blog, Facebook, Twitter, You Tube or Pinterest. Please check out our helpful resources on Sellers Tips, Buyers Tips, Foreclosure Tips, and Mortgage Tips. For a personal consultation please visit our Office.

It seems that the dream of past generations was to pay off a mortgage. The dream of today’s young families is to get one. I would love to hear from you, about your Real Estate Dreams and questions.

Email me at scott@gerharterrealtors.com.

1 comments:

  1. Nice post. We have a similar post about how to Piñata Buyer's Remorse. http://wp.me/p2KmOz-1Z5

    ReplyDelete

 

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