Real Estate professionals see it all the time— jittery buyers— bold before they sign on the dotted line but walk-away after an offer is made. The National Association of Realtors reports more than 10 percent of real estate transactions fail and buyer’ s remorse is often a factor when deals fall through. The consequences of buyer’ s remorse aren’ t just emotional, often it has to do with the financial investment. But when a buyer walks away from a transaction after a formal offer is made, they may lose earnest monies or expose themselves to lawsuits.

Homeowners can avoid second-guessing themselves if they are diligent and patient in their search for housing:

1. Don’ t jump at the first thing, look at comparative listings.

2. Consider not only the aesthetics and financing but also length of commute, tolerance for yard work, neighbors, and area amenities.

Other Tips

www. MartaDinsmore. com

1. Jot down impressions of homes you may consider buying. Make a a list of the pros and cons.

2. Take the initiative to meet your prospective neighbors.

3. Hire an interior designer to help you decide if the new place can be adapted to your sense of style.

4. Visit the shops and stores nearest your prospective new home. Is the drive to the grocery store a little further than what you are currently use to?

GILROY Single Family Homes Condos / Townhomes

5 / 1 Jumbo ARM 6.500 % 0.0 Pts

( June 2007 Data)

JULY / AUGUST 2007 GILROY TODAY 5