saw nearby or in another, fancier neighbourhood. At the end of the day, you’ll need to decide on the most critical factors. If you prefer the neighbourhood over the house, you may look for a different property type within the same community. A condo, for instance, instead of a townhouse. · If finances are the issue, you might want to discuss with your bank whether they would be willing to increase your mortgage. But use caution and only do this if you can afford it — there’s no point in getting into financial trouble just to get a specific property, when more affordable ones could do just as well. · Lower your expectations for the condition of the home. If your inspection revealed a few minor issues, you could still purchase the property and undertake the necessary repairs yourself. Use the problems as a bargaining chip to get a reduced price from the seller after getting a quote from a professional for the cost of repairs. Don’t estimate based on your judgment; don’t let the seller decide how much he thinks it will cost. Ask a professional yourself. Also, don’t let the seller get the quote. · Be prepared to walk away. This echoes our earlier point about not getting emotionally attached until you have bought and moved in. If, at the end of the day, you find out the compromise required is more than one you’re prepared to make, walk away.
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