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Real Estate
Reply to "Buyers' Remorse"
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[quote=Anonymous]Conditions always change. Were you happy with the deal that you got at the time to get your kids into the right school? Remember a few things. First, the homes that are coming on the market now are harder for families because to buy it now means that children will be uprooted from their school in the middle of the school year. Second, some of these newer homes may be "priced to sell", e.g. they are priced low end expecting multiple bids and will end up selling for more than the list price. Compare these homes to the current comparables and if they are better than the comparables (of which you'll be one of them), likely they'll be getting more offers. If you had waited and then bid on one or both of those homes and been outbid in a bidding war, you'd still be waiting to get into your neighborhood of choice, and feeling like you couldn't afford to get into the neighborhood. Instead, you are in the neighborhood and your kids are in the right school. Presumably, you bought last summer and got your kids into the school for this school year. Wasn't that one of the reasons? [/quote]
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