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Sunday, September 2, 2018

HOW TO BEAT THE HOMEBUYER’S JITTERS


     The market is tight and you know that if you see something you like, you will have to make an offer quickly, because it’s likely to be gone if you hesitate. Your realtor presents your offer to the sellers and after one round of counters, they accept!  You’re happy and excited - until you wake up the next morning with the jitters even before you have your morning cup of joe! You’re second guessing yourself, wondering if you acted too hastily and paid too much for the house?  Or perhaps wondering if there’s another home coming on the market, that you may like better?  Or maybe your dog won’t like the neighborhood!
      With the short supply of home on the market, and the need to act quickly,  that morning after “buyer’s remorse”  is not uncommon. But before you do anything you may regret, take a moment to reflect on the situation and understand that this is a very normal reaction to making a very large lifestyle and financial commitment.  Almost everyone who buys a house experiences this feeling, with varying degrees of intensity. But if you have a bad case of homebuyer’s jitters, take time to considered things carefully and rationally.  Be sure that your financial  planning is solid – it’s one of the reasons we recommend a bank mortgage preapproval. And remind yourself of all the family and lifestyle reasons you came to the North Fork in the first place – a less hectic pace, the beautiful beaches, numerous creeks for boating and kayaking, farms and vineyards and bucolic scenery that enhances each day you spend here. Talk to your realtor, share your concern.  It should all fall in place. Then take a deep breath and go for it!  I don’t know anyone who has purchased a home on the North Fork, who regrets it.  In fact, everyone I know is thrilled to be in this special part of the world!
    

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