House buying - What is your deal killer?

[SenselessChiefsFan]

Originally Posted by Guru

a few thousand more is more than "a little more" We had to stretch our funds to do all that work we had done as it is.

Again, my worry here is that the other house ends up selling before we can get an opportunity to bid on it then we did all this work for nothing. I don't want to turn around and do it all again in 5-10 years just because that is what the real estate market dictates.

I absolutely get it. There is nothing wrong with putting it on the market to see if it will sell.

But, blue carpet is a drawback.

It comes down to whether you really want to sell the property. If you do, then change the carpet.

If you are just seeing if you 'can' sell it to buy this other house, you probably won't be able to sell it.

And, the less your agent senses your committment, the less work they will put into it. Being an agent is a comissioned based business. No since working hard for someone who isn't committed to selling their house.

If you are looking to move, now is a great time. Even if you miss the house you are aiming for now, this is one of the best times in recent years to move up in a house.

Oh, and, you may want to think about leasing the property out, depending on your debt to income ratio and if you have other money to put down.