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