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School Reports in Phoenix, Paradise Valley and Scottsdale, Arizona

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Buyers Remorse >The Blues of Buyers

Here is an illustration of what you might go through as a homebuyer when the real estate agent calls to say that your offer has just been accepted.

Although you are ecstatic when your agent congratulates you, your initial euphoria may be short-lived if you begin to have second thoughts about the purchase. You may look at the amount of cash required for the down payment and closing costs, and feel that you won't be able to enjoy a restaurant meal or a shopping spree for months! The mortgage added to the interest payments over thirty years seems like an outrageously high sum. Finally, you stare at the inspector's report and convince yourself that the roof will blow off and every major system will fail the day after you move in. You're in a frenzy. You ask yourself, "What am I doing?"

If you begin having doubts about your home purchase, the wisest approach is simply to relax! These feelings are so common that they have been given a name--"Buyer's Remorse." "Buyer's Remorse" is almost always a temporary malady, so please call your real estate agent if you are having an extreme attack. Your agent has experience in helping clients through the home-buying jitters.

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Q	What is the world's tallest monument?
A	The stainless steel Gateway Arch in St. Louis, MO, designed by architect Eero Saarinen and costing $29 million to build, is 630 feet high.
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Edna D. Lake, REALTOR®, real estate agent and broker for Phoenix, Paradise Valley and Scottsdale, Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Edna D. Lake
Realty Executives
7600 N. 16th St. Suite 100
Phoenix, AZ. 85020
602-861-3300
602-697-4437
Fax: 602-861-3301
Email: ednalake@NUMBER1EXPERT.com
Edna Lake ranks in the top 5% of the Realtors in the Phoenix Metropolitan area. She brings over 20 years of valuable experience to her clients. One of her outstanding accomplishments this year was that she sold a multi million dollar home that is located at the highest elevation on a mountain top, in the exclusive Town of Paradise Valley, Arizona.

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