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Imagine this…you’ve decided you want to buy an apartment and are ready to pull the trigger. Your broker searches for you and comes up with many fantastic options. You excitedly go from one property to the next, and each one falls a bit short, but...
Imagine this…you’ve decided you want to buy an apartment and are ready to pull the trigger. Your broker searches for you and comes up with many fantastic options. You excitedly go from one property to the next, and each one falls a bit short, but you keep looking, and looking, and looking! Nothing is perfect; nothing is just right. So now what do you do? In our years of experience, Sharon and I have worked with buyers who never stop looking, so today, we thought we’d talk about how to decide when to take a break from looking, regroup, and what steps to take next.
While you always want to take your time with a purchase, looking relentlessly for the perfect apartment can waste time and money. There is no perfect apartment or townhouse that I have ever seen. It is good to have a wish list and know what you hope to have in your next home but always know you will need to make some concessions. You should also understand your motivation for buying and how best to achieve and satisfy that need. So if there is a time restraint, you might decide do you want to pull the trigger on something or rent because you’re not ready. You might realize this is as good as it’s going to get within your price point, so does it make sense to save more money or move forward? These are all great conversations to explore with your broker so she can shed some light based on experience.
Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com, or you can email us at deniseandsharon@compass.com.
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