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Mortgage Medicine
When you sign a purchase agreement on a new home, you will almost certainly feel an incredibly intense attack of panic and anxiety. Did I pay too much? Is it really the right one? How can I ever pay the enormous mortgage payments? How can I get out of it? This response-- called "Buyer's Remorse"--is completely normal!

When you feel such anxiety coming on, call your friends who have owned a home for a few years. Are they bothered by rapidly escalating prices? Not at all! That means the value of their home is going up, too. While their mortgage payments seemed high at first, they are now probably less than renting a smaller home. There is also the pride of ownership as improvements are made to the property. Did they feel anxious when they first signed the agreement? They felt just as anxious as you feel, but they are really glad that they went through with it. When you experience "buyer's panic"--hang in there--you will be glad you did!

 
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