Nearly half of American homeowners recently surveyed said they would do something differently if they were to go through the homebuying process again, according to the NerdWallet’s Home Buyer Reality Report, which analyzed the steps more than 2,200 Americans took to homeownership.
If you want to help prevent buyers’ remorse, the following are some things you can focus on with your clients. These are the top things consumers say they regretted:
- 20 percent wished they had saved more money before buying a home;
- 13 percent would do more research on the mortgage-lending process;
- 14 percent would have shopped around more for a mortgage;
- 13 percent would research the homebuying process more.