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Can a Home Buyer Suffer From "Under Buying " ?
  Yes...yet another term to add to the real estate dictionary...with Curbalicious and Thinventory, etc....Under Buying. What is UNDER BUYING ?
      Under Buying is a "syndrome"....or condition that some Buyers have sometimes founded in fear. The thought of 30 years of debt is terrifying.  It is accompanied by a long list of "what if's" . What If There is:
Job Loss Divorce Illness Major unaffordable repairs The market drops and equity is gone  
      To "lessen " the What IF list....the choice is to buy a house that is less than the Buyer wanted but to them a "safer" choice.....or the act of "under buying."  The self talk may include...
   - No eat in kitchen means you can eat in         the ....(name that room and that is why God
     invented TV Trays
  - Old world charming and large rooms makes up for no
     or a one car garage (Until there is a ice/snow storm)
 - Nothing is perfect...the ...Busy Street, railroad tracks, 
    proximity to commercial property is something to "get
    used to over time."
 - Fresh air is a good thing...central air is over rated
 - No yard means less to mow ... more

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