Our “Pick 2″ rule: What is most important to you as a home buyer?

Posted on Thursday, August 16th, 2007 at 1:15 pm.

We have a "pick 2" rule that, just like the laws of physics, we've found to be true in all cases when you buy a home. Here's how it works: When you buy a house, you have to choose between three aspects of buying the house:

The price
The location
The condition

And you can only pick two of the three! You can never have all three.

For example, if you want a great price, and a great location, then the condition of the property isn't going to be very good.

Or, if you want a home in great condition, and in a prime location, you're not going to get a good price.

Or, if you want a home in nice condition at a great price, it's not going to be in a prime location.

2 Responses to “Our “Pick 2″ rule: What is most important to you as a home buyer?”

Bob & Carolin Benjamin - E Phoenix Valley Real Estate Says:
December 27th, 2007 at 10:12 am
Sounds about right. Never get all three. All the best for this holiday season.
Brian Block -- Northern Virginia & D.C. Real Estate Says:
December 27th, 2007 at 10:14 am
Daniel, I tell people the same thing. If you have two of these things, it’s rare to get all three.

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