By Danon Burnside
Here’s how to avoid homebuyers remorse in 2021
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t should always be a moment of excitement and joy to finally close on the buying documents and live in your dream home, but sometimes this is not always the case. Most homebuyers end up regretting a house purchase for various reasons. As published by a US homebuyer survey from Bank rate, in May 2021, 64 percent of home buyers experienced buyer’s remorse. San Bernardino, like most cities in the United States, has for a while experienced a house-buying frenzy fueled by the low mortgage rates. The median listing home price trended to 18 percent year over year to $450K and the median home sold price was $465K as per the Realtor. Com July 2021. In the name of seizing the current market situation, most people are impulsive buying homes to rush their dreams of becoming homeowners in San Bernardino. This is therefore leading to them regretting their decisions later as they are not prepared and flexible enough to go through the home buying process. It is with no doubt that most of the haste decisions made with no adequate preparations always end up in the regret box. This is not different when it comes to real estate. Homebuyer remorse is a result of numerous causes that are avoidable. HOW TO AVOID HOME BUYERS REMORSE For any prospective home buyer in San Bernardino, flexibility and Preparation are the key drivers to avoiding regrets after a home purchase. Do you want to smile as you sign the closing home buying documents? Enjoy every minute in your dream home? Here are the ways to make that happen; Work with a realistic budget – “It is advisable to shop for a house that is
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