(Closed) First time home buyer. Am I being too picky?

posted 5 years ago in Home
Post # 31
Member
15042 posts
Honey Beekeeper
  • Wedding: June 2011

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PaisleyMedic:  If you saw anything at all that you would have bought that already sold for your price range, I’m sure you’ll find something this spring.  Right now in my town, with just a criteria of  4 bed 2 bath house under 550k, there is 1 house on the market.   In one of the other towns we were looking with the same criteria, there are 2 homes, and they dont even have a garage.  So yeah, inventory is pretty limited.

Post # 34
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1444 posts
Bumble bee
  • Wedding: June 2014

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PaisleyMedic:  DH and I spent 10 months house hunting, and saw, in person, almost 200 houses. We were looking in a pretty big, busy, up-and-coming market and refused to overpay. We were outbid three times and the first house we went into escrow on ended up having a major health and safety issue so we backed out.

I think you really just need to prioritize seeing homes in person instead of ruling them out because you don’t like them on paper, and saving up so you can increase your price range and/or pay for renovations once you buy. You mentioned wanting an open floor plan, a lot of the time knocking down walls is relatively affordable.

good luck!

Post # 35
Member
29 posts
Newbee
  • Wedding: September 2017

In my opinion, I don’t think you should settle, and I don’t think you’re being too picky either. Your list of must-haves is realistic because they’re the things you need to make you happy. You just need to absolutely solidify the things that are non-negotiable to you, and what you can compromise on. For example, storage space might be something you could more easily add (like ikea closets), whereas it’s not easy to change the number of bedrooms. You also need to decide how long you’re planning on being there. If it’s just a few years, then certain things may not be as crucial. 

I’ve also been looking for a home for almost a year now and sometimes it just takes a while to find something that meets your needs… and I’m also very flexible with my list of must haves, but still nothing’s come up. You just have to be patient and something will come along, given that you have realistic expectations and a budget that matches those expectations. 

 

I’ve probably seen about 25 houses already? My only criteria are that it have 3+ bedrooms, decent lot size, 1 car parking minimum, a backyard, and in a specific area. I don’t mind a fixer upper, but alas nothing decent has come my way. 

  • This reply was modified 5 years, 5 months ago by  blondemoment.
Post # 36
Member
7892 posts
Bumble Beekeeper

You haven’t seen that many houses! I suppose it’s not a big deal for you to wait awhile because there is no rush for you to actually get a house. If there aren’t that many houses on the market where you’re looking, you probably should broaden your search criteria to get an idea of what’s really out there. Even on House Hunters, the buyers make compromises at the end. There are some houses that don’t look that great on paper but are lovely when you see them in person. 

The homes you posted look lovely and are priced quite reasonably. How is it that you’re paying 2k a month for your apartment?

Post # 38
Member
10635 posts
Sugar Beekeeper
  • Wedding: January 2011

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PaisleyMedic:  Yeah, you might just need to wait longer.  The percentage of houses I really liked to the number out there wasn’t that high (at least in my price range), but I’m in a city where there’s easily a handful of houses in every community I could check out at least.  We seriously looked in about 8 communities, and could have gone to more.

The only thing you might need to do is make sure that there’s nothing that tends to be contradictory on your list.  I don’t know the style or your area, I’m just throwing out these random examples

-With the style you want, is the garage usually detached

-Is it common for it to be a 2 story with that much land

-do the style and open concept tend to go together

Hopefully you get what I mean.  If that’s the case, you might have to let one go, or build it to get it.

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