In budget..at last.

Davesnave

Really2 wrote: »

Perhaps years of negotiating have taught me to keep finance and emotions well away from each other.:)
People tend to over pay when they believe there is an "emotional link" with something.
I am not knocking you but it is a good thing to keep in the back of your mind.

Most mistakes are made when following ones heart.

Although we are both obviously more emotionally affected than you, LIR and I are pretty practical souls too. We also know and accept that what we want to do with our lives doesn't come cheap, but no, we don't want to overpay.

There are also issues that are both practical and emotional. e.g. the fact that some people will pay extra to get into a particular school catchment area.

ETA: Snap, LIR, on the last para! You're not my sock-puppet, are you?:rotfl:

lostinrates

Davesnave wrote: »

You're not my sock-puppet, are you?:rotfl:

I prefer the term ''stocking marionette'' thank you.

Really2

Davesnave wrote: »

Although we are both obviously more emotionally affected than you, LIR and I are pretty practical souls too. We also know and accept that what we want to do with our lives doesn't come cheap, but no, we don't want to overpay.

There are also issues that are both practical and emotional. e.g. the fact that some people will pay extra to get into a particular school catchment area.

ETA: Snap, LIR, on the last para!

I would argue that being emotional will mean you will overpay in a way as this thread was about looking at a dream house and how much that would cost.(perhaps my idea of overpaying may be different)

I catchment area is practical to me good area, good school are two thing I would see as practical.

Good area and driving to a better school would be unpractical

At least this thread reassures me we made a good choice for our house as demand for a good house in a good area with good schools still seems to be a motivation for buyers.
If it hits the right notes people will be willing to pay more (or it may sell quicker at a higher price) than a similar sized house that is not as aesthetically pleasing.:)

Really2

lostinrates wrote: »

Wisely, for example, you state school areas are vital in your decision that you were prepared to make a financial decision based upon, but for us this would be an inappropriate selection criteria. Horses for courses

Or swings and round-a-bouts in our case.;)

lostinrates

Really2 wrote: »

I catchment area is practical to me good are, good school are two thing I would see as practical.

I agree, but an argument could be made you were making an emtional decision about the value of your children's education.




At least this thread reassures me we made a good choice for our house as demand for a good house in a good area with good schools still seems to be a motivation for buyers.

Yes. But this also would not come into play with THIS property for us. We would never be sellingit so its resale value would be pretty null and void!
If it hits the right notes people will be willing to pay more than a similar sized house that is not as aesthetically pleasing.:)

Aha.....an emotional judgement there Really....beauty is surely in the eye of the beholder and an emotional decision over a practical one?

Davesnave

lostinrates wrote: »

I prefer the term ''stocking marionette'' thank you.

I like that!

I don't think we're dummies anyway, but to be fair to Really, he's probably not aware of our business circumstances and how those are wrapped-up with this house buying thing.

lostinrates

Davesnave wrote: »

I like that!

Well of course you do, you are the other leg after all!

I don't think we're dummies anyway, but to be fair to Really, he's probably not aware of our business circumstances and how those are wrapped-up with this house buying thing.

Of course..:D

Really2

lostinrates wrote: »

Aha.....an emotional judgement there Really....beauty is surely in the eye of the beholder and an emotional decision over a practical one?

I agree in a way but also if it impares resale it is also a praktical choice.

I would never say never on resale I used to live next to a newley wed couple, she was killed in a car crash within the first year of marriage:(
Although you can not plan for these things I still think you have to look at re-sale as a possibility when purchasing, life as a nasty habbit of not going with how you plan it. I think the current situation kind of proves that for many unfortunatly.

lostinrates

removed because I thought better of it

Davesnave

Excuse me now, I must go and invest my personal energy in something tangible, like hoovering and, if it stays nice, creating a bit more 'product' for the spring shows. (Well the ones that don't ask too many questions about third party insurance and whether I'm peat-free!)