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The dilemma when buying property

Happy New Year to all.  I am curious to find out who kept their eyes open for opportunities while driving around and sightseeing during the holidays.  Maybe there was a particular area/district/beach/fishing spot/retirement location that made you think twice or even reflect on some of the blog articles I have written to help you sort out your priorities.  The delima is normal when reaching out of your comfort zone, with so much information spinning around in your head, for example:

  • What to buy
  • How much to pay
  • What is good value for money
  • When, and how often you can enjoy and relax at the location
  • Will this purchase suit your retirement, your family, your holidays and so on
  • What type of person would live/rent this place
  • Would it be better to buy virgin land and let it sit unharmed for 20 years, residential land to keep or build-on, house and land, unit,etc

The more I imagine this scenario the more relevant questions flood into my mind.  Chapter 6 talks about evaluating a purchase, short and long term costs and benefits. The idea is to take a holistic view before committing yourself to spend your hard earned dollars to this purchase.

There will be a bargain out there somewhere to suit your needs and it is a matter of being consistent and keep looking.

 

 

 

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