February 9, 2012

What Is "Buyer's Remorse?"

Question: What is "buyer's remorse?"

Answer: With some frequency it happens that buyers often have a sense of remorse after contracting to buy a home.

Why?

A home is a very large purchase. Not just in terms of dollars, but also in the sense of status, ego, and commitment. And because it is such a transforming event, it naturally and reasonably causes some concern.

But, not to worry. Buyer's remorse typically passes in quick order.


Written by Peter G. Miller.

© 1997 Peter G. Miller. All Rights Reserved. Rules, Disclaimers & Notices.


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