Reasons For Buyer’s Remorse On A Property

As incredible the act of purchasing a home is, many buyers end up regretting their purchase. There’s a variety of reasons for this. It all comes down to being ill-informed about buying a home and the type of home needed for the most liable situation. Read on to find out some of the biggest regrets home buyers face and how to avoid them. 

Buying Too Small Of A Home

The most prominent regret that many buyers face is not buying a larger property. Many people want to live in a specific location or type of home that they overlook the size altogether. One reason that people end up buying a home that’s the wrong size is that they rush to find a property in a particular area. If you branch out on your search, you’ll have a better shot at finding the right size home. The area might not matter as much as the space you’re living in, s keep that in mind. 

Not Doing Your Research

People tend to skip out on the research phase of buying a home. It’s critical that buyers understand things like mortgage rates, fees, credit reports, how much needs to be saved, and more. There are so many things that go into buying a home that you could easily miss out on something if you don’t know what you’re in for ahead of time.

Not Saving Enough

Your home will be one of the largest purchases you make in your entire life. There is a lot more to the cost than just the monthly mortgage payment. You’ll need a lot of money upfront when you buy a home including a downpayment along with other closing costs and fees. Plus, you’ll need to set some money aside for any repairs or replacements you need to do in the home once you move in. It’s also a good idea to have an emergency fund available just in case. Life happens, and you don’t want your savings to be depleted because you bought a house. 

Keep in mind that the bigger of a downpayment you make, the better off you’ll be. Even if you can buy a home with a low downpayment, you want to put down as much as possible. A higher downpayment will keep your mortgage payments lower, get you a better rate, and you may even be able to avoid paying for PMI (private mortgage insurance.) Aim to save a 20 percent down payment for the most optimal mortgage situation.      

   

Video Tour – Single-Family Home – Sherborn, MA 01770 Real Estate – For Sale

Beautifully maintained 5-bedroom Colonial on lovely 2+ acre lot with unique, newer post & beam 3-stall barn. This kitchen addition features an expanded eating/sitting area multiple windows & French doors to the private bluestone terrace with stone walls and perennial gardens overlooking the barn & yard/pasture spaces. Stainless appliances, gas cooking, granite counters, wet bar & cherry cabinetry enhance the chef’s ktichen. Enjoy the open floor plan, wood floors throughout both levels, 1st floor home office, and a step down family room with brick fireplace and built-in bookshelves.The home has a finished lower level with bonus room and half bath. A long list of improvements includes central air, newer natural gas heat system, new alarm system, new windows, shelving units, and updated lighting to name a few. Room for expansion on 2nd floor. This is a lovingly maintained home with much to offer.Bring your horses to nearby trails or use the spacious barn for entertaining and storage!

More Info on this Property | New Listing Alerts

Open house on 8/12/2018 at 15 Russett Hill Road Sherborn, MA 01770


Date: 08/12/2018 Time: 12:00 PM to 1:30 PM  
For Directions: feel free to contact me.  
For more information: click here for the full details  

This classic Colonial in a beautiful neighborhood setting offers natural gas, many updates, and a beautiful backyard. The larger foyer with a turned staircase to second floor, offers maple floors and large entryway to both dining and living room also with maple floors and a woodburning fireplace. Updated kitchen also has maple cabinets, gas cooking, stainless appliances and granite counters with a large picture window over the sink. Just off the kitchen is first floor laundry, workstation and remodeled half bath. Family room with fireplace and built ins has French door to screened porch. The lovely backyard offers expansive views and privacy. The second floor with hardwood floors offers two full baths, including a master bath with master walk in closet. Storage is great in this house – bonus attic space off one of the guest bedrooms. The basement is currently unfinished but offers more storage and direct entry to garage with new garage doors.

Open house on 8/12/2018 at 41 Oldfield Drive Sherborn, MA 01770


Date: 08/12/2018 Time: 2:00 PM to 3:30 PM  
For Directions: feel free to contact me.  
For more information: click here for the full details  

Classic New England 5 BR hip roof Colonial set back for privacy from a quiet road with much to offer. Priced well below recent sales of 4 BR homes in top Sherborn neighborhood Freshly painted rooms complement newly refinished, warm hardwood floors. Open foyer leads to beautiful living room with bay window, large office and smooth ceilings throughout. Kitchen opens to fireplaced family room and awaits the personal touches of the new owner. At this reduced price you can design the kitchen you’ve always wanted. Family room leads to screened porch overlooking the backyard with direct access to lovely walking trails on scenic town land. Upstairs are 5 generously sized bedrooms, a master suite with tray ceiling, walk-in closet and new 2018 master bath. Fully finished lower level offers bright and sunny space with fresh carpeting, perfect for play or exercise room. New garage doors 2017. Enjoy Sherborn’s Farm Pond with swimming and sailing instruction, top rated Dover-Sherborn school system.