While many homeowners have regrets, it’s hard to pinpoint where exactly they went wrong during the buying process, said Keith Gumbinger, vice president of HSH.com, one of the nation’s largest publishers of mortgage and consumer loan information.
“So many variables go into the decision-making” of buying a home. “It’s hard to specifically say, ‘Wow, I should’ve done A or should’ve done B,'” Gumbinger said.
To avoid buyer’s remorse, do more preparation and research, said McBride. Figure out how much you can afford, and then set hard boundaries, before you start perusing listings.