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Bachelor's Degree in Advertising/Marketing Bowling Green State University $12+ Million in Sales 2006 20+ years Advertising and Marketing Experience Full Time Realtor Medina County Board of Realtors top 2 REALTORS Womens Council of Realtors- VP of Membership 2006 OAR President's Sales Club- Pinnacle of Performance Multi Million Dollar Producer Member of Northern Ohio Multiple Listing Service (MLS) Member of Centralized Real Estate Multiple Listing Service (CRIS) Medina County Board of Realtors Sales Award Winner Senior Real Estate Specialist (SRES) Designation Member of National Association of Realtors (NAR) Member of Medina County Board of Realtors Medina Chamber of Commerce Member E-Pro Professional Designation Accredited Staging Professional
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Buyers Remorse >Buyers Remorse
If you are like most buyers who sign a purchase agreement on a new home, you will almost certainly feel a wave of overwhelming anxiety. You may begin to question your judgement -- did I pay too much? Is it the right home? Can I really afford the mortgage payments? How can I get out of it? This response--referred to as "Buyer's Remorse"--is completely normal!
Call your friends who have owned a home for a few years if you experience an attack of buyer's remorse. Are they bothered by rapidly escalating home prices? Probably not, because that means the value of their home is increasing. Did they feel anxious when they first signed the agreement? They may tell you that they felt just as anxious as you are feeling, but now are really glad that they went through with the purchase. Have they made improvements to the property that heightened their enjoyment of the home? They will probably say they much prefer the creative freedom of being a homeowner compared with having to ask the landlord's permission to put in a garden or paint the living room.
When you experience a buyer's panic attack, be strong -- you have a great deal to gain!
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Who is "Freddie Mac", and why is he a big name in real estate?
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"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans. |
See More Real Estate Trivia > |
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