ADVERTISEMENT

Buying a place to live can be stressful, especially if it's your first time. Whether it's finding proper insurance, getting much-needed maintenance done, or planning for future upgrades, there are so many unknowns and things to worry about.

ADVERTISEMENT

To figure out the biggest and most common complaints about the whole process, Reddit user Californiabred made a post on the platform, asking: "Homeowners who bought recently, what's your biggest regret?" Immediately, people from all over the world started sending in their answers.

RELATED:
    #2

    40 Of The Worst Purchases These Homeowners Made Not recent, but I still regret not refinishing the floors before I moved in. I'll never do it now.

    WinterFilmAwards , Hal Gatewood Report

    A survey of 2,000 recent homebuyers – 44% of whom purchased their current property in 2021 and 56% of whom bought in 2022 – might help us to put these stories into context.

    The most common repairs these people had to get were related to plumbing (35%), HVAC (34%), and electrical wiring (33%) issues. Luckily, when asked if they feel prepared to take on unexpected home repair costs up to $1,000, approximately four in five (81%) respondents answered yes, while just 19% said no.

    #3

    40 Of The Worst Purchases These Homeowners Made I bought a house from a contractor that flips homes. Never again.

    gshtrdr , Karl Solano Report

    Add photo comments
    POST
    Brainmas
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Now you get to replace all the cheap lipstick and make it your own, for a crapton more money.

    View more commentsArrow down menu
    #4

    40 Of The Worst Purchases These Homeowners Made Bought about 3 years ago.

    Biggest regret was rushing to buy Furniture.

    Wish I took my time and bought pieces when I could afford something nice.

    Now I have s****y couches I despise.

    JohnDoee94 , Spacejoy Report

    Add photo comments
    POST
    The Starsong Princess
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Facebook Marketplace. Sell the old one and buy what you want. Also, if you have an ikea sofa or chair, you can buy covers in better quality fabrics. I did that with a chair that converts into a bed.

    View more commentsArrow down menu
    ADVERTISEMENT

    Still, buying a home is one of the biggest investments most people make, so it's no wonder that many new homeowners report feeling stressed at some point.

    In fact, 83% of those surveyed have experienced homeowner anxiety, and 69% also admitted that they've had buyer's remorse, while 33% revealed they experience such feelings regularly.

    #5

    40 Of The Worst Purchases These Homeowners Made Hiring the wrong home inspector they missed so much,I really have to wonder if all those reviews were bought and paid for.

    CaptainQuoth , RDNE Stock project Report

    Add photo comments
    POST
    Panda Kicki
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    I really searched for a good one. One inspection had already been made, but I wanted my own. First inspection only showed minor issues.Mine showed critical issues causing the buy to be anulled, and when put back to market as "piece of land, house needs to be torn down".

    View More Replies...
    View more commentsArrow down menu
    #6

    40 Of The Worst Purchases These Homeowners Made Not knowing enough about the area/town.
    I hate where we live ☹️ hoping we can move by the time my oldest starts kindergarten

    MP1087 , Diogo Palhais Report

    Even if they feel financially stable after purchasing a home, many new owners say they are worried about the safety and security of their property:

    • 59% worry about home break-ins;
    • 52% worry about home fires;
    • 49% worry about home flooding;
    • 37% worry about earthquake damage.

    So I guess the added freedom of having your own place comes with new worries in one form or the other.

    ADVERTISEMENT
    #7

    40 Of The Worst Purchases These Homeowners Made Not planting the fruit trees sooner. It’s a long wait :)

    SageLeaf1 , Skylar Zilka Report

    Add photo comments
    POST
    Norm Gilmore
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    My house came with a massive apricot tree, a mandarin and a nectarine. All fruited brilliantly. Fifteen years later and the apricot fell down after the big wet and took out the others leaving me with nothing. I haven't had the heart yet to replant. 😢 (On the upside, missed the house by only a gnats whisker)

    View More Replies...
    View more commentsArrow down menu
    #8

    Be shameless enough to perform your own base level of inspection of a house so you don’t have to rely on what an inspector finds or get in a situation where you have to make an offer regardless of what the inspection finds.

    Turn all the faucets on and run the dishwasher. Start the washer machine for a second. Figure out if there is any water pressure issue.

    Bring a multi line laser and a tape measure. Check for any significant changes in slope on the foundation for some settling issues.

    Pay attention to the downspouts. Do they terminate right at the house or do they have longer pipes that lead the water away?

    Pay attention to the flooring and create a rough estimate of what it will cost to immediately replace the flooring. Way easier to do when you don’t have a house full of furniture and can do it right before you move in.

    On the financial side you need to talk with multiple lenders at all times and make sure they continue to give you the most up to date closing costs. There were a lot of sneaky numbers that made there way in that I was unaware of as a first time home buyer.

    Until that mortgage lender gives you the locked in rate don’t trust them as to what number they are currently telling you.

    Discover your maximum mortgage rate + escrow and work backwards as to the maximum house you can afford. Don’t buy based on the pipe dream of refinancing.

    from_the_Luft Report

    Add photo comments
    POST
    sturmwesen
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Let someone who is not biased by " oh my gosh I want that house" take a look. When friends found a house to buy they showed it to me and I was like " no way". There were sloped ceilings, a weird scent of the former dogs peeing everywhere, a broken basement window, noisy neighbours with barking Terriers, too few outlets where the washing machine belonged, and a dozen other issues. They found a lot of fixable stuff before but were blinded by love to the idea of the house. They did not buy it.

    View More Replies...
    View more commentsArrow down menu
    ADVERTISEMENT
    ADVERTISEMENT
    #9

    40 Of The Worst Purchases These Homeowners Made I’m in awe of anybody that was recently able to buy a house.

    forevertheyo , Sieuwert Otterloo Report

    Add photo comments
    POST
    Lavendar rose
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Same, I can't believe all the complaining. All I want is to be able to own a house .

    View More Replies...
    View more commentsArrow down menu
    #10

    I regret not having the inside painted and the carpet replaced before we moved in. Been here two years and it never felt like “my home” until I got rid of the stains of those who came before.

    DaisyRage7 Report

    #12

    40 Of The Worst Purchases These Homeowners Made Not doing a walk through before closing and not having the sellers fix the electric before I signed the contract. My two biggest regrets.

    AmandasFakeID , cottonbro studio Report

    Add photo comments
    POST
    Mechanician
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Hurry is a realtor's best friend. We discovered that we had 3 months to find and buy a house, or we would lose the opportunity to finance through the VA. Of course we made huge mistakes. Of course we were lied to about such trifles as what school district the house was in. Of course we have had to do major auto maintenance in a sloping driveway, and the wiring is downright scary.

    View more commentsArrow down menu
    #13

    I have no regrets. Buying property is never a bad idea unless you can't afford the monthly payment. It beats paying rent that increases every year and you get nothing in return for it. You can always refinance, but you can never change the purchase price, so you win some you lose some at either end of things.

    I guess I wish I had more money to hire people to fix things so I didn't have to do it myself. But that's just how it is sometimes.

    Admirable_Ad_6111 Report

    Add photo comments
    POST
    Cathy
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    I like this one. There will always be a cheaper period of time. If you wait long enough the price will always rise again and indeed you have your own place to live in

    View more commentsArrow down menu
    ADVERTISEMENT
    #14

    40 Of The Worst Purchases These Homeowners Made Buying and then four months later getting divorced.

    q1ung , cottonbro studio Report

    #15

    40 Of The Worst Purchases These Homeowners Made I bought a few years ago. So many things have gone sideways. One thing I regret is not being educated about permits. Contractors/handymen/ anyone who works on your house really, never mentions a permit may be needed.

    Learned that it’s up to me and me alone to do the research and phone calls. Currently have a job on hold because they needed a permit. The company blamed me and now I’m not sure they’re even going to do the work.

    Watch the movie The Money Pit. It’s not that far off. Some days I wish I’d just be a renter.

    MissPeppingtosh , Life Of Pix Report

    #16

    40 Of The Worst Purchases These Homeowners Made The inspector told us the main drain in the basement was clogged. We thought it was clogged with something normal. It was, in fact, "clogged" with cement from when our basement floor was redone. So now our basement regularly gets standing water on one side.

    doctorpotterhead , Mick Haupt Report

    ADVERTISEMENT
    #17

    40 Of The Worst Purchases These Homeowners Made The situation when you bought a house where it was possible and a month later they sell a house in the area where you wanted

    BenefitOk3952 , White.Rainforest ™︎ ∙ 易雨白林. Report

    Add photo comments
    POST
    Realistic Optimist
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    I'm not sure of OPs situation, but I'd be curious why they didn't wait in the first place.

    View More Replies...
    View more commentsArrow down menu
    #18

    40 Of The Worst Purchases These Homeowners Made I should have bought a smaller house with money left to renovate instead of a larger one with nothing left over. There are so many weird quirks with this place that I would love to change but I’ll probably have to wait 10 years. I’m doing all the changes that I can do myself but there’s just so many to do and some are way outside my knowledge base.

    alltherobots , Vicky Sim Report

    Add photo comments
    POST
    neytjie
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Need a 3 bedroom, buy a 3 bedroom. Not a 5 bedroom. Extra maintenance costs, cleaning and just all around wasted space

    View More Replies...
    View more commentsArrow down menu
    #19

    40 Of The Worst Purchases These Homeowners Made I sat on my a*s for too long and missed out on the lower price and incredible interest. The house I bought for 465k was 350k in 2019.

    Yo_2T , RDNE Stock project Report

    #20

    I bought a lemon of a house. Turned out that it needed new wiring, plumbing, and structural support. The inspector (friends with the real estate agent I found out) didn't have any concerns about the house.

    I ended up short selling it for a $15,000 loss.

    freezingprocess Report

    ADVERTISEMENT
    #21

    I wouldn't say we have any regrets. Was everything ideal? No. We had to buy in a neighborhood that we're not excited about and obviously prices and interest rates are what they are. But it's hard to say I regret that because we bought when we could. I can't really regret having not done it sooner because... we couldn't have. And we got most of what we wanted in terms of space.

    So, none, I guess.

    night-shark Report

    #23

    I absolutely LOVE my new house.... However, somebody just built a HUGE McMansion not far and they can see into my entire backyard from their back porch. I knew there was a new subdivision going in next door, but didn't realize how close the houses would be to mine or that they would block my mountain view.

    tinycole2971 Report

    Add photo comments
    POST
    I'M A SHOUTY MAN (they/she/he)
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Sounds like my area! Most houses that are 20+ years old were built to have a great view of the mountains, and then the McMansions come in and block all the views (and they're all just BIG - big cars, big houses, big families, just big)

    View more commentsArrow down menu
    ADVERTISEMENT
    See Also on Bored Panda
    #24

    40 Of The Worst Purchases These Homeowners Made Not learning more about home maintenance before buying and moving in. Nothing major has happened thankfully but after a few years I've realized how little I actually know about taking care of a house and how it's affecting my utilities and comfort. Not to a degree where I regret buying the house, but if I could go back and do it all again I'd take care of some things sooner/differently and would probably have better results.

    linkman0596 , Ksenia Chernaya Report

    #25

    I should have gone down to the city office and asked to pull all of the permits for the house for the prior 5 years and done a better job of investigating if there were any known permit violations. It turns out that there were a few from a feud with a neighbor where they were each calling the city to report anything and everything that was a problem. The seller did not disclose this, which is fraud and absolutely makes them liable. However, it's also a situation where I can resolve the permit issues for about $3,000, or I can fight them in court for ten times that with absolutely no hope that I would ever be able to recover the money. I've bought and sold homes before and never had this issue. Live, learn, and chalk it up to $3k in tuition to the school of hard knocks.

    old_french_whore Report

    ADVERTISEMENT
    See Also on Bored Panda
    #26

    That I didn’t borrow a bit extra to have a buffer for things like house repairs and rates. We literally borrowed the minimum we needed for the house and put every cent of savings into it. I’m definitely regretting doing that, now with cost of living and rate rises we no longer have the ability to save anything significant by the end of each month so any repairs and extras are going to take forever to save for

    gossamerbold Report

    Add photo comments
    POST
    Huddo's sister
    Community Member
    11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    I was very fortunate. My mum paid for my house outright (she had just sold hers and had leftover) and I just repay her monthly, as if it's rent/mortgage. At the same time, my grandad had died the year before and I received some money from his estate, which will hopefully stretch far enough for all the work I need done.

    View more commentsArrow down menu
    #27

    40 Of The Worst Purchases These Homeowners Made Buying a house we weren’t super psyched about but we needed a house due to moving for a job.

    GODHatesPOGsv2024 , Marten Bjork Report

    Add photo comments
    POST
    AtMostTheFabulist
    Community Member
    Premium
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    I have done that renting. Moved for a job, got the best apartment I could find at the time. The landlord sucked donkey balls, never did repairs. Not even when the bathroom ceiling fell in cuz of a leak in the upstairs apartment.

    View More Replies...
    View more commentsArrow down menu
    #28

    40 Of The Worst Purchases These Homeowners Made Not particularly recent, but we did not pull out cars in the driveway or attempt to park them. So we didn't realize that my car could only enter the driveway from one direction, so I had to turn around half a block up every time I needed to park. And we just BARELY got two cars in the driveway.

    So my regret is that I took for granted that the driveway met our needs.

    gtizzz , Sarah Brown Report

    Add photo comments
    POST
    Verena
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Are we talking about two mini coopers or two dmc trucks here?

    View more commentsArrow down menu
    ADVERTISEMENT
    See Also on Bored Panda
    #29

    40 Of The Worst Purchases These Homeowners Made Interest rates

    anon , Aubrey Odom Report

    Add photo comments
    POST
    Dianellian
    Community Member
    12 months ago (edited) DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Interest rates in Australia have gone up 13 times in just 15 months, since 2022.

    View More Replies...
    View more commentsArrow down menu
    #30

    40 Of The Worst Purchases These Homeowners Made Not looking in the attic, they built a new roof over the old one.
    Gonna make remodeling hard.

    SleepyCountingSheep , Christopher Farrugia Report

    Add photo comments
    POST
    Michael Largey
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    After we moved in, we looked at a wall in a basement room and wondered "Why is that wall painted black?" It wasn't paint.

    View More Replies...
    View more commentsArrow down menu
    #31

    40 Of The Worst Purchases These Homeowners Made Buying in an area where my house is the most expensive one.

    Everyone else's prices are driving mine down. It's making it harder to sell for what it's worth.

    two_slow_joe , Zac Gudakov Report

    Add photo comments
    POST
    Alyssa Phillips
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    You never want to be the mansion in a trailer park or the trailer in the country club. --Papaw

    View More Replies...
    View more commentsArrow down menu
    #32

    Getting a homestead exemption the month we moved in.

    SapphireBlu33 Report

    Add photo comments
    POST
    MyNameIsNotAPortent
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    I’ll ask all the newbie questions: 1. What is a homestead exemption? 2. Is getting one bad, or is not getting one bad? 3. Why?

    View More Replies...
    View more commentsArrow down menu
    #33

    Not making it secure enough earlier.

    Human-Independent999 Report

    #34

    They won't regret anything other than the higher monthly payment due to interest rates unless the market crashes.

    My current neighbor bought just before the 2008 crash and it took them until 2020 for their home value to get back to what they paid.

    DM725 Report

    Add photo comments
    POST
    Frank Hassler
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    Wow. We bought in fall 2007, knowing prices were a bit inflated and likely about to fall. But the value was up to what we paid for it within 5-6yrs, and as of 2023 is DOUBLE what we paid for it. We thought we were painted into a corner when we bought, but really, current home prices just are not fair for new home buyers.

    View more commentsArrow down menu
    ADVERTISEMENT
    See Also on Bored Panda
    #35

    I bought awhile back. But if I spent $100 to $150k more I could have bought a much better house and would be $1 million more now.

    Jay-Quellin30 Report

    #36

    Recently meaning what? I purchased 5 years ago; however, the recent property valuation was an absolute crock-of-s**t that doubled my tax-burden. NOW my monthly payment is about 30% higher than it was before and I can BARELY make it every month...but in my market, it's still SLIGHTLY cheaper than renting an apartment.

    divine_shadow Report

    Add photo comments
    POST
    Verena
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    I live in a region where tourists love to buy second homes for crazy prices - which means the tax-value of the homes of the local people get crazy high, too, without anything of actual value added. I called the tax inspectors to come along to see themselves that my old house is just an old house and no fancy holiday home. Sometimes it works.

    View More Replies...
    View more commentsArrow down menu
    #37

    Bought at the peeeeeeeak

    EastSideDog Report

    Add photo comments
    POST
    #38

    Not too recently (3 years ago) but I regret buying my parents house. Everything needs to be replaced now. We replaced very expensive custom windows and found that the frames were all rotted and we had to redo a ton of stucco. That was the tip of the iceberg we have yet to tackle. It was a no-brainer for the price and equity but now we’re stuck with how s****y the market is and all the things we need to fix in order to sell.

    thatgirl2066 Report

    Add photo comments
    POST
    Poison Ivy/Boo
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    In our wills, the house goes to the kids. The names on the deed has already been changed and we have a life rent, so we can't sell the house from underneath them and they can't evict us. If they already have houses and want to sell, they split the money in half. If one wants the house, she'll have to buy the other out. We learned a lot about planning for future elderly situations dealing with my husband's parents (one passed away in a care home and one still in care and it's eating up their savings at an alarming rate).

    View More Replies...
    View more commentsArrow down menu
    ADVERTISEMENT
    See Also on Bored Panda
    #39

    Not buying sooner before the interest rates jumped so fast. When we put the offer in on our house in April 2022, the rate was 3.2%. By the time we closed in June 2022, we closed at 5.25%.

    EDIT: Correcting myself here, we started looking in March 2022 and the rates then were around 3.2-3.5%. By the time we locked our rate in with all the paperwork, it was up to 5.125%. We closed with 3 days to spare on the rate lock because the owners were being annoying with the closing date.

    thewalkingellie Report

    Add photo comments
    POST
    Seadog
    Community Member
    11 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    That's the fault of the bank which is supposed to lock the rate the day you start the mortgage process, not the rate at closing. Not too sure that's not borderline illegal. How are you supposed to close if they don't lock in the numbers? Without locking the rate, what you pay could quickly become more than you agreed to pay.

    View more commentsArrow down menu
    #40

    40 Of The Worst Purchases These Homeowners Made Bought literally last week. Wish i had more bathrooms but its fine. I plan on building one in basement.

    Apprehensive-Crow-96 , Sidekix Media Report

    Add photo comments
    POST
    MyNameIsNotAPortent
    Community Member
    12 months ago DotsCreated by potrace 1.15, written by Peter Selinger 2001-2017

    I’m curious to know how many you have and want? I am of the (rare and getting rarer) opinion that a house with two bathrooms is luxury and a house with more than two is a hotel.

    View More Replies...
    View more commentsArrow down menu