Have you ever had a sick feeling in your stomach after buying a car, or a big screen TV, or a boat, or expensive jewelry? It’s that nagging worry that you’ve bought the wrong model or spent more than you should have.
Buyer’s remorse is common with big ticket purchases, but it’s not as common right after you close a mortgage.
With mortgages, the buyer’s remorse comes later—when you discover the cost of changing your mortgage, or realize that you have no objective source of advice to rely on.
There are numerous ways to weed out inferior mortgages, and (believe me) there are countless inferior mortgages out there. Once you’ve scouted out the best rates, it’s time to start asking questions. Or, better yet, time for your Mortgage Professional to advise you on the features and benefits, or lack thereof, of each mortgage or rate you're considering.
As always, if you have any questions or want to review your current mortgage give me a call or send me an email.