A sellers market often polarizes buyers. There are different types of property buyers. We often come across those who are fixated on prices as they were 6 months ago and will never pay market value. And the market keeps moving and they keep getting left behind. The other end of the continuum is the buyer who panics and pays far too much for a property which is often not that great and doesn’t really suit their needs.
Both types of property buyers miss out. Buyer A keeps missing out and rue the “one that got away” instead of actually getting onto the property ladder. Buyer B gets stuck with an overpriced dud property and gets left behind when it comes to capital growth.
Published:- 22 Oct, 2009
Good Deeds buyers tips are intended to be of a general nature. Please contact us for advice that is specific to your individual circumstances. You may also need to get advice from other professionals such as an accountant, mortgage broker, financial planner or solicitor.