Found 2 blog entries tagged as home buying.

By Daniel Bortz

shouldnt-be-deal-breakers

Unless you’re going to build your dream home, you’ll probably have to make some compromises when it comes to the interior design. That’s why Northville, MI, real estate agent Daniel Gyomory always has his clients create a list of “must-haves” and “wants.” After all, “there’s no such thing as a perfect house,” he says.

Still, it’s easy to walk into a home and get distracted by flaws or minor repairs that need to be made. The stained shag carpet that causes you to pass on a house is relatively simple—and cheap—to fix.

"Cosmetic issues are a big problem for a lot of home buyers,” says Linda Sanderfoot, a real estate agent with Coldwell Banker. Things that might look like total deal breakers at first glance but…

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By Liz Alterman

houses-claw-2

Home buyers often start their search with a long list of must-haves ... only to find they need to whittle it way down once they see what's within reach. Unless you're a bazillionaire, it's impossible to check all those boxes on the wish list. So, how do buyers decide what pieces of their dream (home) they're willing to hack off?

Imagine a triangle with price, location, and size/style/upgrades at each point. In most cases, you will have to be ready to give up on one of those three, says Dana Gonzalez, a Realtor® in Denville, NJ. “Expect to compromise. If you get 80% of what you want, you're lucky."

We asked experts to name some common concessions and offer words of wisdom—or warning—on how those trade-offs can play…

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