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Cary Real Estate Home Buying Tip #11: How to Analyze Homes with Features that You Do Not Like

By
Real Estate Broker/Owner with CaryRealEstate.com

 

Looking at homes can be a challenging task with many factors to consider. Here's a very practical way of analyzing items/features about a home that you do not like.

I call it my 'Flow Chart of Elimination" Catchy title right . . I know you're excited.

chalkboard flowchart

 

So you're out looking at a home and you see something that you do not like.

Question #1 Is it the house or the current owners decorating style/furniture?

Sounds silly but it happens all the time - a buyer will walk into a home and comment "I don't like this at all, only to find out it's actually the sellers taste in decorating!

 

Okay so you made it past number 1 - it really is something to do with the house/lot - lets proceed . . .

Question #2 Can it be changed?

This is a simple yes or no - for example a carpeted floor CAN be changed over to hardwoods BUT if the home backs to a busy highway that's NOT going to change.

If the answer is a "No", it can't be changed then ask yourself "Is this something I'm willing to accept / compromise on - if so keep looking at the property - it you are not willing to compromise or accept the item and it can't be changed then move on to the next property!

If the answer is "Yes" - the item can be changed you have a new set of questions -

Are you Willing to Change the item and are you Able to change the item.

Willing: If its changing the carpet over to hardwood then you are ok with spending the time finding a hardwood flooring contractor, meeting with the contractor, picking out your stain color, dealing with the process etc

Able: You have the financial resources to have the work done - remember most likely this will not be included in the purchase price/mortgage for the home.

If the answer to willing and able is yes then keep looking at the home. If you're a no on either willing or able then its back to considering if you are willing to compromise on this feature.

This may sound like a formal and dry process but once you commit the concept to memory it's very fast to process. I hope this helps you in your home search. If you're looking for a home in Cary, North Carolina please let me know - I have more tips!

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Sandy Childs
Keller Williams Realty - Spartanburg, SC
Realtor - Spartanburg, SC

Overcoming objections is the number one job of a real estate agent ~ you hit the nail right on the head with this one.

Oct 03, 2009 04:16 PM