Save Yourself from Transaction Remorse (Episode 26) S2 E11

The Utah Real Estate Show

Watch the video: https://youtu.be/5RELVJgCYzw

Buyer's remorse (or seller's remorse) can ruin an otherwise excellent transaction. Problem is: we naturally do this to ourselves. Taking a few steps during the planning phase of your purchase, can give you the best chance to Save Yourself from Transaction Remorse!

1:04 - Spicy remorse and buyers remorse. Not doing a budget and not reading HOA CC&Rs are a recipe for heartburn.
2:42 - How loan officers budget things: the 50% back end ratio. Evaluating the true affordability of a mortgage payment. It's not about ratios, it about your comfort with the payment (and what you can't buy because you're buying a house).
5:35 - This is why lenders and agents spend time asking LOTS of questions — things you may not have thought of, but that could contribute to transaction remorse. We want you to know your options, the consequences of those choices. This is to help reduce your anxiety.
6:46 - What contributes to anxiety? Not understanding stuff, and feeling like you don't have control.
7:33 - What if you buy to little house? That causes anxiety too!
8:59 - Seller's anxiety, what? Yes, sellers have anxiety as well, even in this market. "Where the devil am I going to live?"
9:39 - What did we learn today?
11:05 - Bloopers.

*No feelings were harmed in the filming of this real estate discussion.

Please contact us to tell us you love us, you want to hire us! Call or text:

Realtors with Hive Collective at Presidio Real Estate:
Tyler Cazier: 801-210-0230
Aric Wiszt: 801-228-7687

Lender with Elite Team at Security Home Mortgage:
NMLS: 178787
Jason Christiansen: 801-669-7271
NMLS: 240472

A Production with Security Home Mortgage's Jason Christiansen, and Hive Collective at Presidio's Tyler Cazier and "Mr. Suit" Aric Wiszt.