My clients are wonderful people. They were here a year ago, looked at condos, but did not buy. Came this year with the understanding that market is different and their perfect condo can be a bit more pricey than a year ago.
They increased the price range, thus more than compensating for a little higher prices. A whole new round of showings.
Nothing.
They are even more frustrated than I am at this point. Actually, I am not really frustrated, I am confused. I am confused because I can’t figure out the criteria.
There are no perfect condos or houses. You get some features and you sacrifice some others. It is always what is more important. But there are so many properties and so many features, that it becomes more complicated than World Chess Championship.
We tried logic and common sense, we were always very close, but it was never good enough.
Now it feels like we are as far from achieving the goal of buying a vacation condo, as we were a year ago.
We know though, that time is against us. We know that decreasing inventory is against us.
And I know that future may not change anything in this equilibrium. The choices would be coming from the same buildings they are familiar with, and the only real difference will be the price. Most probably higher…
Because in the whole process there was one thing missing. And this thing is the most important.
It is love and affection.
Yes, love and affection is the most important part of buying a home or a condo. Everything else starts with it. Treating purchase of home or condo as pure investment and looking at the spreadsheet only is not how you buy a place for yourself. With a spreadsheet you buy investment properties, i.e. where the money is.
When you buy a condo for yourself, you are looking for a place where your heart and soul are first and foremost. All spreadsheets in the world would not help if there is no love and affection…
If you find the condo or a house that made your heart jump, this is it. Then you make sure that you can buy it. Do your inspections, check everything, but love and affection is at the beginning of this process, not at the end.
You have to fall in love, and this is where I can’t lead you.
Listen to your heart.
Image by inoc via Flickr.com
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