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Week of April 30th-The biggest regrets people have after buying a home

April 30, 2017

Spring is here, which means some people are gearing up to make what could be the largest purchase of their lifetime: a home.

 

In many parts of the country, would-be buyers are finding that there aren’t enough homes on the market. That could lead them to move more quickly than they would like to increase their chances of getting the home they like, says Tim Manni, a mortgage expert for NerdWallet, a personal-finance site. The home-buying process can have many moving parts, and even people who aren’t rushing the process can make mistakes.

In fact, nearly half of homeowners said they wish they had done something differently, according to a survey of more than 1,400 homeowners released by NerdWallet this year.

So before you take the jump, here are some things that others have said they regretted after making their purchase, based on surveys and discussions with industry experts. Keep these in mind as you look for your new home.  Read the list




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