Reflections on an interesting scenario that came up recently in the local real estate market and its implications for us all. Buyers incapable of doing math: buy an environmental disaster, and the cost to update it puts it 20% over comparable homes in the market, when you could buy a well maintained home for 20% less, not sensible. When the realtor is laughing at the buyer...hmmm
Overpaying 20% is not an 80/20 decision!
Thanks for watching.
Remember to 80/20 Your Money (and your entire life!)
Warmly,
Chris Grande, MSIM, CFP®, RMA®
Now the Bicoastal Advisor!
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Note:
My articles and videos are meant to be educational and not specific advice. I assume my readers are big boys/girls and understand that, but in today’s climate I have to tell everyone again anyways – people might do something dumb and go hurt themselves! (like stick a fork in an electric socket or something – don’t do that!). Consult a qualified advisor before attempting financial strategies that you don't fully understand.

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