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Buy Bigger! You’re Only Borrowing It Until You Sell It!
So I wouldn’t be able to get away with this blog unless you had read all of my other blogs that have scared off some potential buyers from buying. So if you want, I’ll wait here until you read the others and come back…(blog)  …Ok. So here is a tidbit that a Realtor might tell you eventually, but you won’t believe them. You will try to buck the trend and prove them wrong.
 Your dream home is just 10-15% HIGHER than your dream price.
Lets run the numbers. This happens more often with 1st time home buyers. In the DC area this can be a $500,000 home. What happens is the prospective buyers save up and they are ready to buy a home, and they feel in their gut that their max price is, lets say $550,000. There really is never any pure logic to where the number came from, it just tends to “feel right” for the buyer.
I think I know where the number comes from! It is oftentimes based on the rent that they are currently paying. They figure it would be logical to spend 15-20% more and therefore get the home that feels right. Problem is homes ... more

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