Buying? Beware the beautiful home!
I love working with buyers! Think about it!–to get to participate with folks in getting the place to be more rooted and develop community, where they will provide security for their kids, celebrate birthdays, have control of their choice of pets, personalize their living space so that it represents what matters to them. Few things are better than that. In a world in which we’re powerless over so much, home is where we can create—were we rule!
Choosing a home has pitfalls however. Who do you know who will admit to making some errors? One land mine may be the absolutely beautiful home! Why? Oh, beauty is a good thing. No question. However–just like in the choice of a mate–if beauty distracts from what is most important, look out!
So…I've had buyers who fell in love with a pretty face–and didn't consider the costs in time and money of the home they desired. Do you have the kind of time required to maintain the grounds in country club status as they are now? Do you even have the desire? How old is the heating system? Will the roof need replacing soon? Have you had the septic inspected?
And what about the commute? Remember, it's not only the cost of gas or wear and tear on the car that needs considering. What about your time? What family time are you losing? Or enjoyment of hobbies? Will it eat into the time you’d move your body and enhance your health? Will it isolate you from friends?
When buying, it’s vital to think not only ‘today’, but ‘tomorrow’ as well. While it’s true that most of us move several times throughout life, in today’s market, selling in 2-5 years may present some problems. Often you’ll not be able to recover your costs if you sell that soon.
Buying successfully means getting real about your skills and motivation. What does the house need? If the beautiful home needs a family room in the basement to truly meet your needs, how soon will you have the money to do it? Do you really have the skill to do it yourself? Would you be likely to do it? And finally, will you be happy in the house if you never add that room?
A beautiful home can impair your judgment just like too much wine. Keep your wits about you!