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32 Comments on Commit for the Long Haul or Cut Your Losses and Walk Away
As Kay says, great analogy. I like the bit about seeing the house without makeup. That is so true. But when you fall in love with something it is usually with warts and all. Hang in there, your will become comfortable in the relationship.
Good analogy, Norma. It definitely plays out this way sometimes doesn't it? I've had two clients in a row who I thought were just playing the field, but they finally settled down and said, "I do."
I have had some buyers that are waiting until the prices get lower. What? Wake up and smell the coffee.
Norma, very good analogy. Checking out a property thoroughly will make for a long term relationship. Good Post!
Interesting take on the process. Houses will have flaws and if you know what your getting into in advance then normal you feel good the rest of the way.
Jane - Yes, makeup can be used to enhance or cover up...
Mike - A recent buyer was at the alter, but a new discovery made his agent (that would be me) advise him to be a runaway buyer.
Harry - Committing is hard to do, and if one wants an excuse there is always one to be found.
Michael - It's always best to know what you're signing up for before you sign on the dotted line!
Chuck - Big surprises during the purchase process usually mean big concerns.
Norma,
Very interesting analogy...an interesting way of looking at things. A
Norma - you state this so well...it is both interesting to read and oh so true! This is a well deserved feature!
Alexandra - If there is one thing real estate is, it is always interesting!
Barbara - It's always good to see your smiling face on my commenter's list. Thank you for the kind words.
Norma - It's important to do inspections and look at them carefully in making final determinations.
An inspection is just one of the many things we need to be looking at. There are many issues totally unrelated to the inspection. I read a news story where an agent sold someone the wrong house! In another case, there was an easement which was described in the title work, but sadly the agent never looked at it closely and showed the owner... In yet another case, the well on which the property depended appeared to be on the property (in was in a corner of the back yard) but for some reason that small 10x10 parcel had been subject to a tax lien sale and the new home owner did not own his well!
A home inspection is worthwhile; it is up to us, as the agents and caretakers of our clients, to look at every piece of paper and make sure the deal is what it appears to be. Sometimes even the sellers are unaware of easements and such.
Fear of committment. Happens to the best of us.
Christine - Absolutely, and the savvy seller will take care of as many of the little "fix it" items as possible during the pre-sale preparation.
Patrick - Yes, the due diligence period includes more than just physical inspections. I'm actually one of those agents that reads the preliminary title report. ;)
Andrew - Yes, one misalignment between expectations and reality can be enough to blow a deal. Buyers are justifiably cautious these days, and disclosures and discoveries will play a part in their decision to close or cancel.
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