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Real Estate
Reply to "What much compromise is too much compromise?"
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[quote=Anonymous]We bought a year ago. We ended up paying more than we had expected and compromising on some things. And of course, keep in mind there are always unexpected things (repairs, issues) that don't surface until after you move in. I felt like immediately after we bought, a bunch of better options came on the market. I spent a lot of time obsessing over it. But my husband reminded me that there were plenty of listings that looked great before we bought but ended up being horrible when we purchased. His conclusion is that had we not have compromised, we'd likely still be looking today, a year later. So my advice would be to expect some compromise, especially in this region. There's no way you're going to get everything you want. The other side to that is to rethink what it is you think you want. I think you might be surprised that when you actually move in to a place, some of the things you thought were important seem less so. Also, don't fall for the hype about certain neighborhoods/areas. I realized when I was looking that some of the supposedly better neighborhoods were terribly congested and, frankly, I'd be miserable clustered together with so many people so close by. We actually ended up buying in a different location than planned. And of all of my regrets, that is not one of them. One thing I wish I would have done is take a week or two off of house hunting. I feel like I kind of reached a point of desperation. And if I would have taken a step back, a break, I might have found a little bit of clarity on the things I shouldn't compromise. Real estate agents make you feel like you have to hurry and buy before all of the houses are gone. That is BS. Houses are always coming on to the market. If you are renting now with a flexible lease, seriously, take your time. There's no rush. Rates will be low for a while (at least another 6 months). [/quote]
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