Sellers Remorse - Selling Real Estate FAQ
Prepared by ThinkGlink.com Staff
Q. What is seller’s remorse? What is buyer’s remorse?
A. Buyer’s remorse and seller’s remorse are the
emotional undertows of a residential house deal. These backlashes of feeling
usually come right after the deal is struck, though they can happen at any time
in the transaction, from the moment an offer is accepted to months after the
closing.
Buyers and sellers basically feel the same emotion—remorse—from opposite sides. Those who experience buyer’s remorse feel as though they’ve paid too much for a property or have taken on more debt and financial obligations than they can afford.
Symptoms include staying awake all night and worrying whether or not you’ll
ever be able to afford to take a vacation again.
Return to Frequently Asked Questions about Selling Real Estate
Seller Closing Costs
Quit-Claim Deed Question
Deed in Lieu of Foreclosure Will Hurt Credit Rating
Single Agency
Subagency and Dual Agency
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