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Real Estate Tips
Buyers Remorse >Do Not Panic

Many homebuyers have experienced the alternating waves of excitement and regret that can occur when the real estate agent presents your offer to the sellers and they accept it. At first you will probably feel ecstatic--unless you wake up the next morning, covered with a rash and asking yourself, "What on earth have I just done?"

Occasionally agents get a morning-after call from buyers who will do anything to get out of the commitment they just made. If you are purchasing a home and find yourself in this condition, there are two important things to remember. First, your rash accompanies a very common condition called "Buyers' Remorse". Almost everyone who buys a house experiences this feeling, with varying degrees of intensity, sometime between making the inital offer and finalizing the sale.

Second, you should know that the anguish of buyer's remorse is almost always temporary. If you experience a sudden panic attack over your home purchase, call your real estate agent immediately. Postpone making any radical decision about backing out of the contract until you have considered things carefully and rationally with your agent.

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Real Estate Trivia
Q 
What does the common acronym FSBO (pronounced fizzbo) stand for?

A 
For Sale By Owner. (Between 85 to 95% of existing homes are sold with a Realtor's help.)
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TEAM FLETCHER, REALTOR®, real estate agents and broker for Lewiston, Auburn and Central Maine, Maine home listings, property and land for sale - NUMBER1EXPERT(tm)

TEAM FLETCHER
Coldwell Banker Millett Realty

155 Center St
Auburn, Me 04210
Phone: 207-782-8311
Phone: 207-795-9623
Fax: 207-782-2232
Email: TEAMFLETCHER@millettrealty.com

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