Скачать или смотреть Bad Reasons for Not Making an Offer on a House You Like! @efficient_agent

Let’s talk about BAD reasons for not making an offer on a house…

Buying a home can be a nerve-racking experience, no matter what price range you’re in. Spending (or borrowing) hundreds of thousands of dollars, uprooting all of your belongings, and stepping into the semi-unknown can stress even the most level headed people, causing second thoughts and doubts.

There are plenty of legitimate reasons not to make an offer on a house, like: structural issues, it’s over your budget, or the location isn’t ideal, to name a few.

But, not all doubts are created equal. And sometimes we mistake trivial concerns for real ones, creating reasons not to buy a house that shouldn’t be there.

So let me tell you some bad reasons for not making an offer on a house:

1. Because you want to wait and see if the price goes down
A wait-and-see approach is much more likely to end with someone else buying the house before you get a chance to. If you like it, there’s a high likelihood that someone else likes it too. Even if a house you like is overpriced, you’re better off making an offer and negotiating, than simply waiting for the owner to lower their price.

2. Because one of your friends doesn’t like it
People’s opinions can impact us a lot. But when it comes to homeownership, you shouldn’t necessarily listen to what your friends think. After all, you’re the one who’s going to have to live there… so if you like it, go for it!

3. Because the listing sites have a price estimate that’s different from what the seller is asking
Some listing sites provide an approximate estimate of what a home is worth. But keep in mind that these are based on algorithms and publicly available data, not an in-person inspection and analysis of value. So, take them with a grain of salt, not as gospel.

4. Because you think mortgage rates will fall
It can be tempting to try to “wait out” the interest rate market, but it’s a fool’s errand. If you knew where rates were going, you’d be a billionaire sitting on the beach somewhere. If you can afford the payment, don’t try to squeeze out an extra quarter of a percent by waiting — they might just go in the other direction.

5. Because there are already other bids
In a competitive market, or on a nice-enough house, there are likely to be other bids, and sometimes more than just a few. Don’t let this deter you from making an offer though; you have as good a chance as anyone else, so just give it your best shot!

6. Because you want to wait for the “perfect” time to buy
The “perfect” time to buy is when you want to or need to move. Timing the market is almost impossible to pull off. Usually, if the market does go down considerably, there are other factors at play that may get in your way of buying at that time anyway, whether it be interest rates, ease of getting a loan, or the overall economy and employment.