Lost Chance

by Marcie
(Brisbane, Queensland, Australia)

My husband and I viewed a property that was going for a steal as it was on a main road. The house had been done up by the current owner who was a builder by trade and it looked amazing.

Someone put an offer onto it but it fell through due to finance. I tried again to encourage my husband and for us to make an offer. Someone else put an offer onto it and again it fell through a second time.

My husband couldn't see the potential of the property which was in a high rental area and would have given good returns.

The house went to auction and I couldn't convince him to attend the auction. It went for less than expected and lower than all of the offers that had been made. We drive past it every day and it still makes me sad.

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I Know About Lost Opportunities
by: Lanard

I've been following foreclosures and short sales recently to see if I can get a deal on an investment property. I want to buy it as an investment rental and have my kids live in it...and then sometime down the road sell it to them as a starter property.

By the time I got around to evaluating my top three favorites they were sold. It turns out that I didn't act fast enough.

I'm okay with that though, because I don't rush things when buying real estate; there's too much at stake. Akso, I feel that there's a property that's right for me to buy - I just haven't found it yet.

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