Tuesday, September 19, 2006

House hHunting

What should you look for in a house? It depends on how much you are willing to do after buying it and what is most important to you. Right now, I am helping a couple whose bottom line is square footage. If the house is structurally sound and in a decent neighborhood they are willing to fix it up to get what they want as long as they can buy it for an amount that leaves them with enogh cash to do the work.
On the other hand, I also have a client who remodeled and sold the last two houses he lived in and he only wants a small townhouse that he can move into with no work whatsoever. He is willing to pay a premium price to do that but he also has strict limitations on where her wants to live. Both of these situation offer examples of people who have already met the most difficult challenge of finding a home...they have decided exactly what they want.
In recycling homes, I have found that one person may be selling their home to escape exactly what a buyer is seeking. People are different and their needs are different. No house is perfect for a given individual but the work you are willing, or not willing to do can determine how close you come to finding someplace to call home.

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