Oh no! The home you saw has EVERYTHING except for one thing on your list. That’s okay; it’s not over just yet. Just because you have certain expectations doesn’t mean this place can’t become the home of your dreams! Although it can be difficult at times, you have to take a step back, breathe and reevaluate.
Here are some things to consider when your home has everything except one thing
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1. The Market
Is it fast paced? Will there be more inventory? If you walk away from this house will there be more like it available? Market statistics are available to all our clients. Sign up for our monthly newsletter!
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2. Renovations
Can this ONE thing be FIXED? And if so, can it be fixed within a budget you’re willing to fork over?
3. Expenses
If your answer to number two was yes then it’s time to figure out how much that renovation will cost you. Keeping in mind that It may add value to your home. More than likely you aren’t the only one that wishes it was there or not there!
4. Your Timeline
Are you in a crunch? Adjust your expectations based on time. As your agents we will help in your timing of the market.
5. Is It Livable
So, is the rest of the home perfect in every way? Is this ONE thing a temporary hindrance while being temporarily livable? Food for thought… if the one thing you don’t like about a house is just a preference and you can live with it for a little bit. You can budget to have it fixed in the near future without letting go of this nearly perfect home.
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These decisions are not always ones you can make on your own. It is always good to get advice from someone who’s looking out for your best interest but at the same time isn’t emotionally involved. Seek advice from your lawyer, mortgage broker, contractors, accountant and us!
