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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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Q	What does "contingency" mean in real estate?
A	A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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Betty Moir, REALTOR®, real estate agent and broker for Bullhead City, Fort Mohave and Mohave Valley Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Betty Moir
Keller Williams Realty/ River Cities Specialists
2715 Highway 95, Ste 103
Bullhead City, AZ. 86442
Direct: 928-716-4361
Office: 928-704-2568
Toll Free: 1-800-269-4361
Fax: 928-704-2579
Email: bettymoir@NUMBER1EXPERT.com
Welcome to MY TOWN! I have lived and worked in Bullhead City for over 34 years and raised my family in the same community where I sell homes. As Keller Williams Real Estate Professional, I provide Full-time service and results. I have been involved in sales and marketing for 20 years and am consistently among the top producers in the area. For "Moir Service! Moir Results!" and "No Moir excuses, call me today!"

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