The tale of two buyers…

When yours truly entered the world of real estate sales so terribly many years ago, I found that the young buyers were filled with vision and the willingness to make something out of nearly nothing. Today we call it “sweat equity”. I find that those buyers are now becoming fewer and farther between. I ask myself, “Is it because we are becoming so terribly specialized in our abilities, or are we becoming more slothful?”

Case in point, I have been working with several charming young couples that have all of the income and brainpower to make nearly anything from nothing. But, they seem to be resistive about purchasing a home that need slightly more than just the cosmetic upgrades. I think to myself, “Hmmm… You are a young family, both spouses are working, likely going to have bumps in the road in you income, and yet you strap yourselves to a mortgage that will hold you hostage for 20 – 30 years!” Whatever happened to starting out with something cheaper and working towards something better? I am a firm believer that society in general has convinced us that we must have instant gratification. To what do we have to look forward if we have everything now?

Joe Chodur

About the Author | Joe Chodur

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