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Buy now or wait until new year?
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Not many properties coming on at the moment which is normal for the time of year and lots of people waiting to hear about whether the stamp duty holiday will be extended or take a different form...you'll know when you find the right house
"Everything comes to him who hustles while he waits" Thomas Edison
Following the Martin mantra "Earn more, have less debt, improve credit worthiness" :money:0 -
I'm looking at the moment and finding it very difficult. I have seen a place that ticks a lot of my boxes apart from 2 things which I'm trying to work out if they're deal breakers or not! The place had a comfortable feel when I viewed it, even though it needs a lot of work, and it's in an area I don't really know but others say is very nice / desirable. It's sooo very nearly right but I'm not 100% sure about it, great price and potential to improve........I didthered about another place earlier this year (before lockdown) and now wish I'd gone for that one as I now realise it did have everything I wanted, just couldn't 'see' it at the time.Don't dismiss the place just because it's one of the first you've seen but at the same time I think you need to get a 'feel' - like an excitement about it, can't wait to move in etc. which I'm not getting for 'my' find at the moment but like the other one I lost I don't want to regret not making a decision later.Argh!!1
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Do you regret not renting and being able to move in a couple of days?RelievedSheff said:
Agreed.Mickey666 said:
Location has always been the top priority for me. Far more important than the actual house. Having decided on a desirable Home Counties village location we found the houses we really wanted were unaffordable so, unwilling to compromise on location, we bought what we could afford and worked our way up, eventually buying three different houses in the same village. Lived in the first one for 3 years, the second for 6 years and the third for 20 years. Location, location, location.Davesnave said:How well do you know the area? I don't mean are you familiar with it, but have you walked it several times at different times? If you haven't, you don't know it.I bought the first house I ever saw inside, but it was what was outside that counted most, as everything inside can be fixed, provided the price makes it possible.Location cannot be fixed, though it might improve over time, or go the other way!
We got the location wrong with our first property and regretted it deeply. Especially since we got caught in negative equity and it took us a long time to be able to move from there.
Location was one thing we would not compromise on again. We got that right this time round
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