Great post, brian. I subscribe this philosophy as well.
scaredy, I have to admit that I have never seen so many overthinkers and agonizers all in one place over a potential RE purchase, who are presumably in the market for either a principal residence or investment property(ies).
If these potential buyers and/or their agents know their area of choice VERY well, there should not be this level of buying hesitation. Since there seems to be, this leads me to believe that these potential buyers and/or their agents are UNfamiliar with their preferred areas, that is, they are NOT able to tell a “good deal” from one they could very well lose equity on after purchase. No offense to any Pigg but this is just my observation.
Many potential buyers seem to be very worried about losing equity after purchase. This chronic worry plus unrealistic expectations in some instances are what’s keeping them on the fence.
