Buyers are always looking for a bargain. There’s something psychologically satisfying purchasing an item for a price that would, could, or should have been higher. Whether it’s an antique you happen across in an op shop, or something you pick up in a department store end of year sale, the feeling is the same.
However when it comes to quality real estate, true bargains are few and far between.
It’s not hard to purchase a house for a knockdown price if no one else wants it, but most of the time the house you want is the house three or four other people want as well. Therefore, one of the real tricks to buying ‘well’ starts during the search process.