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Old 06-02-14, 06:07 PM   #1
spinnaker
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Non buyers remorse?

Has anyone ever had non buyers remorse?

My on going saga of looking for a new home. A place I looked at just went for $125K (they were asking $135K). I am getting kind of down on myself for not putting in an offer. The house is in the exact area were I want to live and I doubt I will find anything that cheap again. I could have pretty much paid cash after i sold my current place (or at least paid off the loan right away).


I keep beating myself up over not making an offer. But when I looked at it, it was in such poor condition. The kitchen was tiny. So tiny that it had one of those half sized dishwashers. But later I thought that I could have busted out the wall between the kitchen and dinning room and just had one big eat in kitchen like I have now. I actually like that much better than a formal dining room.

But the worst part is that it is on a very busy road and it is only going to get worse. When I was looking at the place, a number of those loud redneck type pickup trucks and loud motorcycles went by. I decided right there, no way but I sort of wish I reconsidered.

I got to thinking that worse case I could have flipped it if I did not like living there but I have to wonder what that house is really worth on that road.

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Old 06-02-14, 06:15 PM   #2
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Look, think about buying a house as camping - but kind of long term.

Before I could afford to buy I always rented in the worst house in a fabulous neighborhood.

Location, location, location.
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Old 06-02-14, 06:18 PM   #3
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Location, location, location.
I was thinking it was such a great location. But oh that road. I think it would have been hard to relax on my new deck (one of the things that needed replacing) with all of those cars roaring by the front of the house.
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Old 06-02-14, 07:02 PM   #4
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I was thinking it was such a great location. But oh that road. I think it would have been hard to relax on my new deck (one of the things that needed replacing) with all of those cars roaring by the front of the house.
It's better to not buy it and have regrets than to buy it and have regrets.

Sinking money into a place you've grown to hate because of the noise but are stuck with is far worse than any regrets for what might have been.
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Old 06-02-14, 07:37 PM   #5
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It's better to not buy it and have regrets than to buy it and have regrets.

Sinking money into a place you've grown to hate because of the noise but are stuck with is far worse than any regrets for what might have been.
Thanks for the support I really needed that. You saw my post on being frustrated finding a place. I think I am second guessing myself.
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Old 06-03-14, 09:45 AM   #6
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Thanks for the support I really needed that. You saw my post on being frustrated finding a place. I think I am second guessing myself.
Eventually you will find a place that works for you. You can always change the inside of a property but not the location or the neighbors.
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Old 06-03-14, 11:29 AM   #7
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I call this "what could have been" syndrome. I suffer from it frequently. You just have to know you made the right decision, and if you didn't, it's out of your control, so no sense dwelling. Easier said than done, I know.
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Old 06-03-14, 11:51 AM   #8
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Quote:
Originally Posted by spinnaker View Post
Has anyone ever had non buyers remorse?

My on going saga of looking for a new home. A place I looked at just went for $125K (they were asking $135K). I am getting kind of down on myself for not putting in an offer. The house is in the exact area were I want to live and I doubt I will find anything that cheap again. I could have pretty much paid cash after i sold my current place (or at least paid off the loan right away).


I keep beating myself up over not making an offer. But when I looked at it, it was in such poor condition. The kitchen was tiny. So tiny that it had one of those half sized dishwashers. But later I thought that I could have busted out the wall between the kitchen and dinning room and just had one big eat in kitchen like I have now. I actually like that much better than a formal dining room.

But the worst part is that it is on a very busy road and it is only going to get worse. When I was looking at the place, a number of those loud redneck type pickup trucks and loud motorcycles went by. I decided right there, no way but I sort of wish I reconsidered.

I got to thinking that worse case I could have flipped it if I did not like living there but I have to wonder what that house is really worth on that road.
Sounds more like you not being able to make a commitment, and less like the ideal situation existing. (and yes, I am a homeowner... of a place that was a dump, that I improved considerably).

Go for the area you want... then find something you can fix up to suit your tastes. You will be far happier that way. Don't expect to find it all... ready to go.
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Old 06-03-14, 11:52 AM   #9
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Originally Posted by CbadRider View Post
Eventually you will find a place that works for you. You can always change the inside of a property but not the location or the neighbors.
Exactly!!!

(unless you own a boat... but that is a thread of it's own)
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Old 06-03-14, 11:58 AM   #10
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Short Sell .. Im one year into owning a house bought direct from the owner ,
who other than july and august, hated the cool wet climate, 7 years in.

I've been here 17.


Title company person never had a sale without a banker/lawyer intermediary ,

Paid Cash .. due to my late father's estate , at 66 I can now be my own slumlord ..




Notice how the word Mortgage starts with Death?
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Old 06-03-14, 12:03 PM   #11
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Houses are like SO's. Sometimes they smell funny and make strange sounds. But they all have their appeal. It's whether you still appreciate that appeal in seven years.
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