There are certain risks associated with any major life change or decision—including buying a home.
But just how risky are buyers willing to be in order to successfully buy their dream home?
A recent survey from home inspection cost resource Repair Pricer surveyed over 3000 consumers to get insights into which risks they were willing to take in order to successfully buy a home in today’s market, including:
- Buying a fixer upper. Not move-in ready? Not a problem! A whopping 80 percent of people surveyed said they’d be willing to buy a fixer-upper.
- Paying more than the asking price. Bidding wars are common in today’s market. And, as such, many buyers are willing to go above asking price in order to successfully close the deal. 40 percent of people surveyed said they would be willing to go $20K over the asking price for their dream home.
- Bribing their way to an accepted offer. Apparently, today’s market is tough enough that some buyers are willing to take the low road in order to successfully purchase a home. Nearly 30 percent of people surveyed said they’d be willing to bribe someone to get their dream home.
Buying a Home? Make Sure to Budget for These Hidden Costs
