Savvy buyers can consciously turn the potential for regret into "Buyer BE AWARE!"
- When you've spent a few hundred dollars on shoes or several thousand on a car, regrets hurt and frustrate, but you'll bounce back on your next purchase. With each of many purchases, you learn more about what you are paying for and what works for you.
- In real estate, the bounce back may be harder. The purchase usually involves hundreds of thousands of dollars. Many people only make three or four home changes in a lifetime. Since these moves may be decades apart, what buyers learn is forgotten or no longer relevant when the next purchase rolls around.
Don't get discouraged. Home buyers have many resources to call on to minimize the number of regrets regarding home functionality and to reduce the negative effect on daily living:
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