Your “winners” list will include houses that are in good condition, fit your price range, and meet 85% of your “wish list” criteria:
Number the houses (1, 2, 3, etc.) according to which ones you like the most.
Now that you’ve spent an entire day house hunting, or maybe even a couple of weekends, it’s time for you and your wife or husband to discuss which house you’re going to write an offer on. What are the pros and cons about each house? Which do you like better than the others? If you cannot agree on your top choices, can you agree on which ones you would like to eliminate? Then, you are left with your favorites. Rank them in order from best to least favorite.
Remember that NO property is going to meet all of your criteria. No home will meet ALL of your “wants and needs” on your wish list. If you are shopping in the lower price ranges, those homes will have upgrades. If you are selecting from houses within your budget range and you do not like what they have to offer, you may need to either increase your budget, or be willing to give in on some of your wish list items.
Read more in our book, "Buy Your First Home", http://tinyurl.com/nrvmgc7.
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