"We got two offers the first week"
"You did a lot of work for us to get the house ready and let people in when we weren’t around."
Scott & Cindy Whipple
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Buyers Remorse >Real Estate Jitters
Here is a typical scenario illustrating the effects of buyer's remorse. Your home was on the market for a few weeks, and you are now feeling fortunate because an attractive offer has been presented by qualified buyers. Once the ink dried on the contract forms, however, it seemed that everything suddenly threatened to come unraveled.
Once the buyers' earnest money check cleared their account, they suddenly came up with a list of concerns that never occurred to them before the purchase agreement was signed. Their fears and demands have turned them into touchy adversaries instead of the sweet young couple looking forward to starting a family. How could the atmosphere have changed so quickly?
Buyers and sellers are both susceptible to different forms of stress reaction known in the real estate field as "Buyers' Remorse" and "Sellers' Remorse". Fortunately, neither one of these conditions is contagious to real estate agents! An important part of our job is to help our sellers and buyers through their buying or selling jitters with understanding and humor.
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What is a Balloon Mortgage?
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A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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"We got two offers the first week"
"You did a lot of work for us to get the house ready and let people in when we weren’t around."
Scott & Cindy Whipple
Read Quote >
View All Quotes >
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