{"id":1507,"date":"2017-03-02T00:00:00","date_gmt":"2017-03-02T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/what-home-buyers-wish-theyd-known\/"},"modified":"2017-03-02T00:00:00","modified_gmt":"2017-03-02T00:00:00","slug":"what-home-buyers-wish-theyd-known","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/what-home-buyers-wish-theyd-known\/","title":{"rendered":"What Home Buyers Wish They&#039;d Known"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div readability=\"48.274231678487\">\n<!--\n\n<pre>-->  \n  <div property=\"dc:description\" readability=\"44.412293144208\"><!--paging_filter--><p>Nearly half of American homeowners recently surveyed said they would do something differently if they were to go through the homebuying process again, according to the NerdWallet\u2019s Home Buyer Reality Report, which analyzed the steps more than 2,200 Americans took to homeownership.<\/p>\n\n<blockquote readability=\"1.0185185185185\">\n<p><strong>Read more<\/strong>: <span class=\"l\">8 Items Buyers Need to Add to Their Budgets<\/span><\/p>\n<\/blockquote>\n\n<p>If you want to help prevent buyers\u2019 remorse, the following are some things you can focus on with your clients. These are the top things consumers say they regretted:<\/p>\n\n<ul><li>20 percent wished they had saved more money before buying a home;<\/li>\n\t<li>13 percent would do more research on the mortgage-lending process;<\/li>\n\t<li>14 percent would have shopped around more for a <a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">mortgage<\/a>;<\/li>\n\t<li>13 percent would research the homebuying process more.<\/li>\n<\/ul><p>\u00a0<\/p>\n\n\n<p>\u00a0<\/p>\n\n<p>The majority of buyers&#8217; remorse seems to stem around the <a href=\"https:\/\/amazingproperty.com.ng\/blog\/construction-loans-for-commercial-and-residential-builders\/\">financing<\/a> of a <a href=\"https:\/\/amazingproperty.com.ng\/blog\/home-purchase-now\/\">home purchase<\/a>, the report finds.<\/p>\n\n<p>\u201cAccording to our research, borrowers who don\u2019t understand the mortgage process or don\u2019t know enough about their own credit history tend to hit obstacles or be rejected when applying for mortgages,\u201d says Tim Manni, mortgage expert at NerdWallet. \u201cThey also tend to feel regret after their deal is done, even if they succeeded in buying a home. That tells me borrowers aren\u2019t doing enough research\u2014on themselves or the mortgage process\u2014before applying for a home <a class=\"wpil_keyword_link\" href=\"https:\/\/amazingproperty.com.ng\/blog\/get-real-estate-loan-for-real-estate-investors\"   title=\"loan\" data-wpil-keyword-link=\"linked\">loan<\/a>.\u201d<\/p>\n\n<p>Forty-one percent of Americans surveyed who applied for a mortgage say they felt they were not aware of all of their <a href=\"https:\/\/amazingproperty.com.ng\/blog\/fast-flexible-real-estate-loans-usa\/\">loan<\/a> options during the lending process. Twenty-eight percent of consumers say they felt like they were not a priority to their mortgage professional during the loan process.<\/p>\n\n<p>Overall, 42 percent of American homeowners called the homebuying process stressful. Thirty-two percent said it was \u201ccomplicated\u201d and 21 percent called it \u201cintimidating,\u201d the survey found. That said, 41 percent of respondents also called the process manageable and 30 percent called it rewarding. Thirty-two percent of respondents say their <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">real estate<\/a> agent made the homebuying process easy.<\/p>\n\n<p><em>Source: \u201cHome Buyer Reality Report 2017,\u201d NerdWallet (Feb. 23, 2017)<\/em><\/p>\n<\/div>\n  \n    \n<\/pre>\n\n<\/div>\n\n\n<br \/>[ad_2]\n<br \/><a href=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/VmN_xAG93Yk\/what-home-buyers-wish-theyd-known\"> link <\/a>\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Nearly half of American homeowners recently surveyed said they would do something differently if they &hellip; <a title=\"What Home Buyers Wish They&#039;d Known\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/what-home-buyers-wish-theyd-known\/\"><span class=\"screen-reader-text\">What Home Buyers Wish They&#039;d Known<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1508,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[695,4751,518,1403,180,15239,516,205,12908,543,627,408,312,1007,41,818,84,385],"class_list":["post-1507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-agent","tag-amazing","tag-america","tag-buy","tag-buying-a-home","tag-chase","tag-estate-agen","tag-estate-agent","tag-home","tag-home-buying-guide","tag-homeowners","tag-mortgage","tag-mortgages","tag-owners","tag-property","tag-real","tag-real-estate","tag-real-estate-agent"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/VmN_xAG93Yk","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5857,"url":"https:\/\/amazingproperty.com.ng\/blog\/are-millions-of-boomerang-buyers-about-to-ignite-the-real-estate-market\/","url_meta":{"origin":1507,"position":0},"title":"Are Millions Of Boomerang Buyers About To Ignite The Real Estate Market?","author":"Amazing Property","date":"August 23, 2017","format":false,"excerpt":"Remember all those people who defaulted on their homes during the last housing crisis? Well, those bankruptcies are about to be discharged, or they already have been, and that means we could soon see an avalanche of homebuyers hitting the market.\r \r Just what constitutes an avalanche? \"More than 12.8\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"6d393441b727444ec55bf5290b652195_S.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/6d393441b727444ec55bf5290b652195_S.jpg?fit=424%2C282&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6588,"url":"https:\/\/amazingproperty.com.ng\/blog\/is-your-millennial-real-estate-game-lacking\/","url_meta":{"origin":1507,"position":1},"title":"Is Your Millennial Real Estate Game Lacking?","author":"Amazing Property","date":"October 11, 2017","format":false,"excerpt":"Is your\u00a0 millennial Real Estate game lacking? See key to turning millennials into homeowners . Maybe it's time to adjust your strategy. \"They have to give up their coffee three times a week.\" \"They need to keep their car until it's paid off and then continue to drive it for\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Avocado Millenials.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/avocado-millenials.jpg?fit=800%2C533&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/avocado-millenials.jpg?fit=800%2C533&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/avocado-millenials.jpg?fit=800%2C533&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/avocado-millenials.jpg?fit=800%2C533&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":23982,"url":"https:\/\/amazingproperty.com.ng\/blog\/attorney-in-real-estate\/","url_meta":{"origin":1507,"position":2},"title":"Attorney In Real estate","author":"Amazing Property","date":"December 17, 2021","format":false,"excerpt":"There are several good reasons why you should consider hiring an Attorney in real estate to help you with the purchase of a home. Buying a real estate is a big investment in our lives and it's very important to employ the service of an attorney in real estate in\u2026","rel":"","context":"In &quot;Legal&quot;","block_context":{"text":"Legal","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/legal\/"},"img":{"alt_text":"attorney in real estate","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/12\/attorney-in-real-estate.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/12\/attorney-in-real-estate.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/12\/attorney-in-real-estate.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/12\/attorney-in-real-estate.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1769,"url":"https:\/\/amazingproperty.com.ng\/blog\/6-people-real-estate-pros-should-know\/","url_meta":{"origin":1507,"position":3},"title":"6 People Real Estate Pros Should Know","author":"Amazing Property","date":"March 10, 2017","format":false,"excerpt":"It's no secret that referrals are the key source of business for REALTORS\u00ae. The National Association of REALTORS\u00ae\u2019 2016 Profile of Home Buyers and Sellers shows that 53 percent of buyers and 64 percent of sellers use a real estate agent or broker who was referred to them by a\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8063,"url":"https:\/\/amazingproperty.com.ng\/blog\/renters-are-getting-frustrated\/","url_meta":{"origin":1507,"position":4},"title":"Renters Are Getting Frustrated","author":"Amazing Property","date":"February 7, 2018","format":false,"excerpt":"The majority of renters say they want to own a home in the future and believe that homeownership is a critical piece of the American dream. But making the leap into homeownership is facing bigger hurdles as the market sees higher home prices and a shortage of homes for sale,\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Nar2018aspiringhomebuyers.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/NAR2018AspiringHomeBuyers.png?fit=447%2C1200&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3652,"url":"https:\/\/amazingproperty.com.ng\/blog\/why-millennials-value-local-real-estate-agents\/","url_meta":{"origin":1507,"position":5},"title":"Why Millennials Value Local Real Estate Agents","author":"Amazing Property","date":"April 20, 2017","format":false,"excerpt":"Millennials love to conduct many aspects of their lives online, but a new survey says that\u2019s not always true when it comes to real estate dealings. Read more: Understanding Your Millennial Buyers Seventy-five percent of millennials recently surveyed by financial wellness website CentSai say they prefer the help of a\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/1507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=1507"}],"version-history":[{"count":1,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/1507\/revisions"}],"predecessor-version":[{"id":90420,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/1507\/revisions\/90420"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/1508"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=1507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=1507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=1507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}