FOLLOW US

  • Facebook
  • Instagram
  • Pinterest
  • Twitter
  • Home
  • About
    • PRs Work With Us
  • MEDIA
  • DIRECTORS CUT
  • Contact Us
Joleisa logo
  • Frugal living
  • Eat for less
  • Start a blog
  • Recommendations

What is Home Buyer’s Remorse and how to Avoid it

This post may contain affiliate links

 

Have you recently bought a property and are starting to regret things a bit? Maybe you haven’t made the big purchase yet but are worried if it might be the right choice for you. Either way, you’re in the right place.


click to read how to avoid home buyer's remorse

 

In this article we’re going to look at buyer’s remorse in the property market. What is it, and what can you do about it?


 

One of the best ways to prevent buyer’s remorse is by taking a more methodical and conservative approach to buying a property in the first place. If it’s too late for that and you want to know how to fix the buyer’s remorse you’ve already got, then we’ll look at tips for that, too.

Related articles

Home maintenance

Spruce up your home for Spring and Summer

 

 

Maybe you spent too much on your mortgage? The folk at Moneyexpert.com mortgages can help here.

 

Firstly, what Is Home Buyer’s Remorse?

 

You can probably work this out for yourself, but home buyer’s remorse is when you buy a house and then regret it. It’s as simple as that.

Maybe the home you moved into doesn’t feel as great when you move in. In our case, we have a property that just feels dark. The living room is set at the front of the house and it just lacks light. It’s like it’s not in a good position to get enough sunlight. It always feels gloomy.

Maybe the area isn’t as nice as you thought it was. Maybe the home needs a lot more work than you think. Maybe you’ve found structural issues or other problems with your home.

 

Maybe it’s a combination of some or all of these factors. These are the sorts of things that lead to buyer’s remorse.

 

How Can You Avoid It?

 

The best way to avoid buyer’s remorse is to make the right decisions BEFORE the purchase. Always be prepared to walk away from a sale if things don’t feel right. While it’s understandable that there’s a lot of pressure in the property-buying process, you should never feel pressured into buying a property you aren’t happy with.

You simply don’t want to invest in such a big way and be unhappy about it.

 

Compromises are always needed when buying a property, or everyone would live in their dream home. But don’t compromise too much. There’s a difference between a compromise you’re happy with and one that might lead to buyer’s remorse. So how can you avoid it?


  • Don’t Rush Into A Purchase

Take things slowly, even if the realtor is trying to move things along quickly. While some property owners might be looking for a quick sale, don’t be forced into one if you aren’t completely sure about the property.

 

  • Do Plenty Of Research

Make sure you’ve researched everything about the property you’re looking to buy and also the area. Look at crime rates, talk to neighbours, have a look at schools and transport links. Make sure nothing is left as a surprise about both your property and the area.

 

  • Visit Multiple Times

Don’t buy a house after only visiting it once. Visit it multiple times, in different weather conditions. And when you’re in a different mood. All of these things can make a difference to how you view a house, and if you only visit it once, you won’t really know if it’s for you.

 

  • Get A Lawyer and Survey

To make sure there aren’t any major legal issues with land ownership or structural problems that could lead to buyer’s remorse, make sure you get a lawyer and a full survey of the house.

 

Make Changes After Your Purchase

If you think you’ve made a mistake after already buying a house, there are still some things you can do to help get rid of buyer’s remorse.

  • Try decorating a few key rooms decorate a room to ease buyer's remorse
  • or even treating yourself to a new kitchen or bathroom. Bathroom upgrade to ease buyer's remorse
  • If you can afford it, you could even consider an extension.          an extension can help with home buyer's remorse                                                                                                                                                                           All of these things could help you start to love your new home.

 

Have you had buyer’s remorse on a property you bought? What did you do to fix it? We are really curious to know and this will also help other readers.

Let us know in the comments section below.

 

Share this:

  • Twitter
  • Facebook
  • Pinterest
  • WhatsApp
  • LinkedIn
  • More
  • Print
  • Email
  • Skype

Related

Filed Under: Frugal

About Joleisa

« Enjoy the Summer Plus Two Super Freebies for you
Home and Away: Five Frugal Things »

Comments

  1. Rosemary Schmidt says

    January 27, 2021 at 1:36 am

    Never thought about this before! But it could be quite possible. I have regretted buying many things in the past, though not as expensive as a house. If I bought a house that I regretted then I would probably sell it off at the first instance

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

CommentLuv badgeShow more posts

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Hey guys and gals!

Hi, we're Jo and Leisa, twin sisters and authors of Joleisa.com. Originally from the sandy beaches of Jamaica we now reside in England where we followed our calling to teach. But sometimes that call changes and our new passion is writing. We're here to give the ups and downs of it all with our lifestyle tips and tricks to help you avoid the sour lemons that can get in our way of frugal budgeting, intentional living and happiness. Join us and learn more about how we found the simplest ways to achieve easy living. Read More…

AS SEEN ON CHANNEL 5’S

We are Sociable

  • Facebook
  • Instagram
  • Pinterest
  • Twitter

Recent Posts

  • Pure Bliss – Our Word of the Week
  • All About the Commonwealth Games This Week
  • Dripping Chocolate
  • Summer Time is Truly the Best
  • This week it’s Back!

MOST POPULAR POSTS

Why we left teaching

  • Be your own boss
  • Set up a blog
  • Making money from your blog
  • Using Pinterest to help your blog
  • Fixing sleep problems
  • Frugal family fun at half term
  • Having to plan a funeral!
  • Let’s show you how we save money on food
  • Our time on Channel 5’s Shop Smart, Save Money
HIBS100 Index of Home and Interior Blogs HIBS100

Copyright © 2022 · Tasteful theme by Restored 316

Copyright © 2022 ·Tasteful Theme · Genesis Framework by StudioPress · WordPress · Log in

YOUR PRIVACY

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.Accept Reject Read More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
 

Loading Comments...
 

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.