Purchasing a house is a huge commitment. There are a lot of factors that go into the process of finding a new one. After you’ve selected a house in San Antonio with the must-haves and might have made some compromises, but how do you know you’ve made the right choice? Or maybe you’ve ended up with a house another way that isn’t the right fit for you? There are many signs that you are living in the wrong house.
Buyers Remorse
When you pull into your driveway, do you have a tiny sinking feeling that you wish you didn’t buy this house? Did you have a high-pressure deadline when you made your decision? Did you really do enough shopping to see all the possibilities? Did you explore different areas and keep an open mind, or did you only look in one location? Do you find that your house is really too small to be functional? Or do you think, why do I have too much space? These are all signs that you have buyer’s remorse.
Buyer’s remorse can happen to anyone. But it is not something that you have to live with. If you find yourself having these feelings or asking yourself these questions, it may be time to make a move and remedy the situation.
Doesn’t Fit In The Budget
Eating ramen noodles almost every night in order to pay the mortgage was NOT what you had in mind when you pictured yourself as a homeowner. Is the house more of a fixer-upper than you realized? Did you end up putting more money into house repairs than you planned on? Maybe this house doesn’t allow for enough entertainment or savings as you hoped. Perhaps your homeowner’s insurance or the taxes are more expensive than you planned. These are all signs that this house doesn’t fit your budget and you are probably living in the wrong house.
Neighborhood Issues
Maybe the house does fit your budget, but what about the neighborhood? Are you able to hear the television over the neighbor’s blaring music? Is there a lot more traffic going by your house than you realized? Does the train wake you up way too early every morning? Do you find yourself shopping in stores you don’t like because your favorite stores are too far away now? These are all signs that your neighborhood might be an issue and maybe living in the wrong house.
Sometimes these maybe things that you didn’t notice before you bought the house and sometimes neighborhoods change over time. If your neighborhood has changed over time and you find yourself always talking about how much better things used to be, it may be time to find a better place to be.
Utility Availability
Does your new house have well water? When you purchased it, you were happy to not pay high utility bills, but now you realize you are responsible for any well system repair. What if you have to redrill and move the well system? Do you hate lugging around water softener, or having to pay a company to come out and do it for you? Is your municipality planning a utility expansion in your area, and now you have to add another $20,000 to your tax bill over the next few decades? These are signs you might be living in the wrong house.
Structural Issues
Perhaps you are totally fine with the house purchase, you can afford and love your neighborhood, and have no pending utility issues… but you just noticed a crack along the floorboard by the front door. Maybe you dismiss it for the caulk shrinking… and then a few months later, it’s a little bit bigger… and bigger… is your foundation sinking? Maybe there are new cracks by the windows or new water stains on the ceiling… these are all small indicators that your house might have some structural issues. When you are living in a house with foundation or other structural issues, things tend to get worse and not better over time.
How To Escape The Wrong House in San Antonio?
San Antonio and Texas in general have cash buyers for houses in any shape. These buyers are a great option to get out of your wrong house ASAP, but they do have to buy at a certain price point. They will save you a lot of time and hassle by taking the house off your hands. You might be able to restructure your mortgage or transfer your loan to another lender. If you feel you’ve been intentionally misled by the seller or real estate agent, you can file a lawsuit against them, or the inspector if their report didn’t include the major structural issues (check with your lawyer). If now isn’t the right time to ditch the wrong house, perhaps renting a room/the house out might be a good idea and sell when the market is best.