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What if I Lose Out On The Perfect Home?

Chuck Marunde by Chuck Marunde
August 19, 2020
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The Perfect Home

What if you don’t get the perfect home? What if you look for months and put together a short list of favorites to look at, and one of those homes turns out to be the perfect home, or at least the ideal home in the right location and with the right floor plan and a price within your budget, but it gets sold out from under you before you can get an agreement firmed up with the seller? 

Finding The Perfect Home

It’s been said there is no such thing as “the perfect home.” Some would prefer to use the phrase “ideal home,” because no home is exactly what a buyer wants in every single feature. That may be true, but whether you call the home you find and love your perfect home or ideal home, the reality is buyers sometimes don’t get it. The primary reason in the Sequim and Port Angeles area that a buyer misses out on the perfect home is because someone else got ahead of them and reached an agreement with the seller.

We’re in a bifurcated market, meaning we have an inventory with a lot of homes that retirees don’t want, and we have a few that they all want. The small segment of the inventory that is in highest demand receives the most action and is most likely to get offers. When a retiree arrives in Sequim to look at homes is unpredictable. A person retires when a person retires, and that often has little or nothing to do with what is going on in the rest of the world. So if you’re coming to look at homes, you hope that someone else with the same preferences and the same budget is not also in Sequim just before you. But there is a logical thinking process that I would share that has benefited many buyers before you.

Buying The Perfect Home

I once read a book with the title, “All You Can Do is All You Can Do,” with the subtitle, “And That’s Enough.” I don’t remember the content of the book, but I’ve never forgotten the title. Buying a home is like the title of that book. It is about a logical and careful process of searching for a home, filtering homes and saving that short list of potentially ideal homes. Then coming to Sequim or Port Angeles to look at the homes on your short list. Once you find the perfect home, you have your buyer’s agent draft a reasonable offer with the right addendums, and after reaching mutual acceptance you walk through the due diligence process very carefully during the various inspections. 

You can’t change the process because there may be other buyers lurking out there. You have to do what is right for you when it is right for you, and ignore the rest. Of course, one should not dilly dally once you find the perfect home. When you find it, and you know it, get the offer drafted and submitted. Many of my clients and I believe that there is such a thing as destiny, and that if it is meant to be, it will be. Along the way, I recommend patience, diligence, wisdom, and of course, enjoy the process with your favorite Realtor. Ultimately, you will look back and say you really did find and buy the perfect home for you.

Last Updated on August 19, 2020 by Chuck Marunde

Tags: perfect homeSequim Homes
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Chuck Marunde

Chuck Marunde

Chuck grew up in remote Alaska, graduated from the University of Alaska with a degree in Economics and Teacher Certification, and after teaching high school for two years, went to law school at Gonzaga University in Spokane, Washington. He served four years as a Captain and JAG in the USAF at Nellis AFB in Las Vegas. After practicing real estate law for 20 years in Washington, Chuck founded iRealty Virtual Brokers covering Sequim and the beautiful Olympic Peninsula. He is the author of 2,200 real estate articles and 60 books, and he produced over 100 real estate videos. Chuck combined his love for real estate and technology to create a massive Internet presence, and his articles and videos and books have been viewed by millions. Chuck is a well recognized real estate expert and his counsel is sought by other brokers and practicing attorneys around the country. Buyers from New York to Hawaii and from Florida to Alaska seek him out to retain him as their Sequim Buyer's Agent. 

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