For most Americans, a home is the biggest purchase they make in their lifetimes, and mortgage payments typically take up the biggest percentage of the family budget. The numbers don’t lie — acording to the economic data site FRED (Federal Reserve Economic Data), the median sale price of houses sold in October 2023 was over $431,000. When you’re paying that kind of money and spending the hours it takes to shop for and close on a property, you want to make sure you find a place that you love.
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Unfortunately, buyer’s remorse does exist in the real estate market. The good news, though, is that you can avoid it if you know what you’re looking for and what you don’t want. According to Michael Saladrigas, a realtor at Xcellence Realty in Florida, finding a home that suits your lifestyle should be your top priority when buying a house (“I often joke that my job is to talk buyers out of homes because I want them to find a property they love”).
Saladrigas shared with GOBankingRates his top signs you won’t like that house and should continue your search:
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1. It’s Too Expensive
The lender will give you a maximum loan amount, but that figure should not determine your house budget.
“A lender looks at your income and credit history,” says…
