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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:

  1. The price
  2. The location
  3. 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.

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This entry was posted on Thursday, August 16th, 2007 at 1:15 pm and was filed under All the questions you were afraid to ask, The Buying Process, drodio.com. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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

  1. 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.

  2. 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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