Recent Home Buyers Regret Not Knowing Financial Aspects of Purchase

Though they felt prepared, many recent homebuyers would do more homework and make some different choices if they had a second chance, according to Chase research released recently

“What I Wish I Knew About the Homebuying Process”

The independent survey gave 807 recent homebuyers a chance to reflect on how their home purchase turned out. The “What I Wish I Knew About the Homebuying Process” survey provides a comprehensive look at the level of their preparedness during the homebuying process and what living with the home purchase has been like.

They felt ready, but…Nine of every ten buyers felt prepared when they bought their home, but in hindsight, 56 percent wish they were armed with more knowledge about the financial aspects of purchasing a home, specifically:

  • The ins and outs of closing on the house – 22 percent
  • Making the offer and negotiating –19 percent
  • Financing a home – 15 percent

Read full BusinessWire article on Chase survey.

 

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