Helpful Hints for Residential and Investment

[Caroline Davis]

Timing is Everything with Real Estate….both Residential and Investment. A current CMA is a must and will save clients thousands of dollars on a transaction. Staying current on market changes, possessing the experience to structure the offer that a seller will accept is very valuable! Agency is …..Working in the clients "BEST INTEREST". The advice below makes great sense in this current marker!!!

Tips for Ensuring Clients Don't Experience Buyer's Remorse

Even though bidding wars are beginning to subside and asking prices are leveling out, homebuyers are still making big sacrifices. The risk of buyer's remorse is high -- but here are four things you can encourage your buyers to do to avoid it:

Create a list of wants vs. needs so they can quickly spot a home that crosses off most of their "must-haves."

Don't forgo everything on their wish lists. Sacrificing too much could land them in an unsatisfying home. Instead, urge them to search longer or even take a pause for a few months rather than settle.

Don't waive contingencies or decline certain protections, like a home inspection.

Buyers may be approved for a specific loan amount but not truly able to afford it. Persuade buyers to create a monthly budget that accounts for their mortgage and other expenses.