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One of mine, and most other real estate professionals for that matter, mantras to first time homebuyers is that there are plenty of fish (houses) in the sea (market). If their first attempt at a home purchase goes awry, be it due to a higher bidder, or a terrifying home inspection discovery, there is always another home in the neighborhood waiting for them, better than the last. And I really believe that. Sort of. So long as it does not apply to me.
If I didn't have a passion for real estate I would not be in this business. That being said, I have had my heart broken by properties more so than I have had it broken by men. (Hopefully none of my ex's read this blog, they would, I assume, be a bit miffed to discover that I have spent more time mourning over lost houses than over them.) One property, in particular, continues to elude me.
Back in 2005 I was, like most of us, doing quite well financially. Between mine and my boyfriend's combined incomes, we were easily pre-approved for a $300,000 mortgage. Oh yes, good old sub-prime financing. The golden days. (Just kidding).
We began to drive around the ... more

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