Have you ever been in love with two different persons at the same time? How about deciding between two fantastic job offers? That’s the same kind of problem you have to deal with when you’re torn between two homes you want to buy.
The solution is simple if you have lots of money. You just buy them both- – www.sanjoserealestate.com
Unfortunately, not all of us can afford to do that. So if you’re just one of the regular people, you are going to have to make a choice.
Do Your Research
Try to itemize your priorities, and then see which home fits these priorities the best. There are a lot of factors you need to consider, such as:
- Resale value
- Number of rooms
- Repairs you have to do
- The quality of the neighborhood (crime, cleanliness, etc.)
- How you will get along with your neighbors
- The quality of the school
- The nearby shops
- The traffic situation
Assign number of points to each factor, with 100 points being the most important and 1 point being almost irrelevant to you. Then try to gauge how many points each property earns according to your own standards.
For example, let’s say that for you the quality of nearby schools is worth 80 points. So if the school near home #1 is perfect, you can then assign them the full 80 points. If the school is just average for home #2, then you give it just 40 points.
Once you’ve assigned points to each house according to the factors, add the total. One home should have more points than the other.
Ask Your Friends
You can get opinions from your friends and family. You should ask for the opinion of your agent as well. Ask them for their reasons why they would choose one over the other. That should also help you make a decision
Toss a Coin
It’s not a joke. This is really serious. Don’t even finish this article if you have a problem like this. Get a coin now.
So you have your coin ready? Let’s continue.
You then assign heads to one house and tails to the other. Repeat the terms to yourself. Heads means you get House #1 and you picture that house in your mind. Then you picture House #2 which you assigned for tails.
So do you have the images of the homes in your head now? Are you ready? Then you toss a coin up in the air. DO IT NOW.
And in that moment when the coin is in the air…what results were you hoping for? That’s the home you buy.
In the end, if you are still torn after doing your research and consulting friends, you go with your instinct. Buying a home is not all about facts. It’s also about how you feel deep inside. A home you really want is better than a home you just really like.