Today's buyers are navigating difficult waters. Faced with tremendous inventory, lower prices, great interest rates, and willing sellers, buyers are overwhelmed. The moon and stars are beautifully aligned for them and yet it's not enough. Today's only priority is getting a "great deal" or "stealing it". What happened to the "location location" rule? What happened to quality of life and nice neighbors? When did "are these sellers desperate?" become the major criteria in choosing one's home?
Caution: very rarely will the perfect elements come together and still be a "steal of a deal". Buyers should not succumb to the pressure of co-workers or friends bragging on their housing conquests. If the deal is that great, they've compromised somewhere. It's called the perfect storm for a reason. The likelihood of finding a beautifully maintained home, a perfect location, super upgrades AND a desperate seller willing to take a low-ball offer are almost nil. Chances are better of winning the lotto.
Buyers should remember to keep real-life priorities in sight. This will be a "home". This is personal; you will be there every day. Be careful not to allow false hopes for "the perfect deal" to steer you into a storm. Chart the right course for a "Happy Home" !
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