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You live and learn. The old saying sums up new homebuyers’ thoughts after they completed the process to buy a house.
According to a new survey from Chase, recent homebuyers said they have some regrets and would make different choices if they had an opportunity for a real estate purchase do-over.
Chase said that although most recent homebuyers reported being happy with their house purchase, there were some common changes buyers would make if they were given a second chance to buy a home.
My husband and I bought a home together in 2006. It was my husband’s second home purchase and my first. I had lots of questions and concerns, but we were fortunate that we worked with a really great Realtor.
We bought a 1970s-era house that had never been updated, so we really had our work cut out for us. We were young (and naïve) and didn’t think twice about the costs or time involved with home renovation.
I can understand the sinking feeling the other first-time homebuyers had when thinking about maintenance projects. I had that feeling too, and sometimes still do. It’s all just part of the joys of homeownership.
This post originally appeared on Money Talks News.
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December 13, 2023
Mortgages