real estate

What is buyer's remorse?

 

What is buyer's remorse?

The Bankrate.com financial term of the day is: "Buyer's Remorse"

You just bought a home, and now you're thinking: "uh-oh." Those second thoughts after closing on a house or making any other big purchase are part of what's called buyer's remorse. It's that feeling of anxiety telling a new owner that buying may have been the wrong thing to do.

You bought a home or something else, and now you wish you hadn't. You've got a case of buyer's remorse.

To compare home loans, visit the Mortgage section at Bankrate.com.

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