The Realtor calls with great
news! Your offer has just been accepted. Congratulations -- you are about to
become a homeowner!
Your initial euphoria may be short-lived,
however, as you begin to have second thoughts about the purchase. First, it's
the mortgage. It seems like so much money, and it will take thirty years to pay
for it. You look over the cash you will need for the closing and feel like you
will never be able to afford to dine out again! Finally, you stare at the
inspector's report and convince yourself that the roof will blow off and every
major system will fail the day after you move in. You're in a frenzy. You ask
yourself, "What have I gotten into?"
The best thing to do if you begin having
"second" thoughts is just relax! These feelings are so common that
they have even been given a name--"Buyer's Remorse." "Buyer's
Remorse" is almost always a temporary malady, but call your Realtor if you
are having an extreme attack. We have experience in helping our clients through
the home-buying jitters.