Buyer’s Second Thoughts

 

 

 

Dear Monica: I made a non-contingent offer on a property and to my surprise, the sellers accepted it. There were multiple offers so I didn’t think I would get it but I did. Now I am having second thoughts about this property. What can I do? Lauren G.

 

Dear Lauren: You are experiencing a very common emotion referred to as “Buyer’s Remorse”. Sellers too can have this feeling. It is especially common in our area where the pace of the real estate market is rapid and buyers can be swept up in the flurry that surrounds the multiple offer process. When they succeed sometimes they hesitate and wonder if they did the right thing.

 

Know that it is normal to feel this way and once you absorb the reality that you are buying a property, you will likely have no further second thoughts about it. Relax, take a deep breath, and you should be just fine. And congratulations on having your offer accepted.