The Realtor calls with great news!  Your offer has just been accepted. Congratulations -- you are about to become a homeowner!

    Your initial euphoria may be short-lived, however, as you begin to have second thoughts about the purchase.  First, it's the mortgage.  It seems like so much money, and it will take thirty years to pay for it.  You look over the cash you will need to complete the purchase and feel like you will never be able to afford to dine out again!  Finally, you stare at the inspector's report and convince yourself that the roof will blow off and every major system will fail the day after you move in.  You're in a frenzy of concern, moaning, "What have I gotten myself into?" 

    The best thing to do if you begin having "second" thoughts is just relax!  Short-term "Buyer's" Remorse" is normal, especially for first time homebuyers.  However, historically, home ownership has long-term benefits that almost always outweigh the shorter-term headaches and sacrifices.  If you are experiencing doubts, discuss your issues with your Realtor.  Your Realtor will help you sort out the "normal jitters" and keep things moving forward.