When Mr. MMM embarked on his first home-buying experience, he nearly got what he wished for. After a year of searching for the perfect home, he and his ex-wife thought they found real estate bliss when they stumbled upon a newly-built, contemporary home situated on 8 wooded acres. But before signing on the dotted line, he started to have second thoughts.
With the national shortage of homes for resale in this country, you might find yourself experiencing something similar if you don’t tackle your first or next home with a solid, well-thought-out plan. Mr. MMM had no idea he would fall into the trap of wanting bigger and better than he and his ex-wife could comfortably afford.
So if you’re super excited to purchase a home, you’ll want to avoid the colossal misstep that nearly took place in this episode.
SHOW NOTES:
DISCUSSED IN THIS EPISODE:
- Searching for a first home
- Finding the perfect home
- Sitting down at the offer table
- Listening to your gut
NOTEWORTHY LINKS:
- How I Almost Committed Financial Suicide
- 3 DIY Home Projects That Saved Us Thousands This Winter
- That Time We Bought A Cedar Contemporary House At A Huge Discount