TO
SHOW FIRST:



AMENITIES
SPECIAL MARKETS
PROPERTY TYPES
TO
SHOW FIRST:



AMENITIES
SPECIAL MARKETS
PROPERTY TYPES

Learn

Share
Share
Save
Save

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.
Related Articles:

About Coldwell Banker®

Since 1906, the Coldwell Banker® organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of approximately 83,000 sales agents working in approximately 3,100 offices in 50 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to create an iPad application and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On LocationSM YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.
Coldwell Banker Real Estate LLC will never sell or provide information to a third party without your prior consent.
Click here to see our full Privacy Policy and Terms and Conditions of Use
New Search
Top Tools

Choose a Currency close window close