You have found a house in town which you love and really want to buy! The Realtor presents your offer to
the sellers and they accept it. You feel great--until you wake up the next
morning, covered with a rash and asking yourself, "What on earth have I
just done?"
Occasionally we get a morning-after call from
buyers who will do anything to get out of the commitment they just made. If you
find yourself in this situation, 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 the meeting of the minds and the
closing table. And second, you should know that this condition is almost always
temporary. If you have a bad case of home-buyers jitters, call your Realtor and
put off any decision about getting out of the agreement until you are certain
that you have considered things carefully and rationally.