Monday, June 13, 2011

You should not "cheap out" when buying your home

Hello from Downtown Memphis! We have been unbelievably busy! Everyone wants to live in Downtown Memphis!

I have been working with a lot of buyers lately and I thought I would blog about something that I see every now and then.

Occasionally I run into a buyer who only cares about getting a bargain. That's it. That's what they want, a bargain. And invariably they make a mistake and buy a house that , in the long run, is no bargain.

Think about it. Homes that are wonderful sell quickly and for a high price. Homes that have something wrong  with them tend to sit on the market. The only way you will ever get a bargain is to buy a home that everyone else has picked over. Usually there is a problem with location, the property has a bad view, an awkward floor plan or really bad decorating. And while you may be able to go in and update a kitchen or bath for a reasonable amount of money- if you have to go in a start ripping out the flooring and changing up the floor plan you are going to run into spending some serious money.

I think, when it come to the place that you are going to live, you should just get the home that you LOVE.
Sure, everyone needs to stay with in their budget but once you have determined what that is, then go out and find the house that calls your name. Most people have "that moment" when they know they have found their new home. It usually happens within 2 minutes of stepping inside. You don't have to convince yourself of anything- you will just KNOW that you have found it.

Usually it is the men who are prone to only looking at the numbers and want to "cheap out"when buying their house. If there is a woman involved they are much more likely to buy from their heart and in doing so, they don't make a mistake and they wind up with a HOME.

Maybe bargain shopping is best to do in outlet malls.

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