Tag Archives: wants and needs list

Millennials, First Time Home Buyers And Buyer’s Remorse

IT DOESN’T HAVE TO BE THIS WAY.

I researched the topic til my eyes were red, swollen and felt like fire! I know it’s real; I know it’s terrifying; I know there are ways to minimize it.

Buyer’s remorse is a sickening topic to consider when the purchase is a home.  It’s not a pair of ill-fitting shoes or an ugly sofa to be returned or cast off and forgotten. I’m amazed to discover statistics are all over the board regarding – well, statistics!  But certain things jumped out at me.  Socio-economic status was deemed irrelevant.  The phenomena seems more prevalent among millennials (who want to diy, but often discover the scope of work is outside their skill set or the cost becomes prohibitive) and first time home buyers (who get swept away in their excitement).

The purchase of a home can easily overwhelm. So, what can you do? Identify each step before you tackle the process, break it down into bite size pieces, and make it manageable.  Part of my job is to help you focus on your requirements and goals. Needs first. Wants are a bonus and depend on your budget. A bit of thought and planning, some serious brainstorming, these things are not a waste of time. 

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