image 24 May 2017

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Buyer's Remorse

Despite feeling prepared to buy a house, many recent homebuyers would do more research and make different choices if they had a second chance. Knowing what they know now, 39% would buy a different size or different priced home or in a different neighborhood.

They felt ready, but 56% wish they were armed with more knowledge about the financial aspects of purchasing a home. Specifically:

• 22% wish they knew more about the ins and outs of closing on the house

• 19% regret not knowing more about making an offer and negotiating

• 15% hoped they had known more about financing a home