I’m looking to live right by the seaside but it’s hard to get a place.
Is it better to get a bit of a shitty place in a wonderful location ( the place I’m in now is a disgrace so it’s not like I would be going from a good place to a dump, I’m already in a dump )
or a better place in a worse location?
I reckon I can fix up a place to be more comfortable but I can’t actually move a house to a better location.
Assuming it’s not going to be a big or expensive problem I’d prefer a slightly crummy place than a bad area. You can fix up a bad place but there’s not a lot you can do about the area and a bad one will wear on you.
Also if you resold someone would likely want that area regardless of the house’s condition.
I also reckon go for a preferred location, as long as the house repairs would be manageable. It would be a nicer environment to live in and also better resale value in case you decide to move.
Ah… I’d say the same thing, provided the rent was reasonable and house ok to live in. I think the problem with seaside towns is competition from holidaymakers would bump the prices up
Opinions wanted.
I’m looking to live right by the seaside but it’s hard to get a place.
Is it better to get a bit of a shitty place in a wonderful location ( the place I’m in now is a disgrace so it’s not like I would be going from a good place to a dump, I’m already in a dump )
or a better place in a worse location?
I reckon I can fix up a place to be more comfortable but I can’t actually move a house to a better location.
Location > House quality. A castle in Clyde is still in Clyde. Your kids are old and out on their own yeah.
that’s what I think
The classic advice is to buy the worst house in the best street/location. I reckon this applies here too. Location location location.
I’d buy the one that I could pay off the quickest but that’s just me.
If I were buying I’d pay the biggest amount possible and pay off asap
I hate borrowing money
Assuming it’s not going to be a big or expensive problem I’d prefer a slightly crummy place than a bad area. You can fix up a bad place but there’s not a lot you can do about the area and a bad one will wear on you.
Also if you resold someone would likely want that area regardless of the house’s condition.
Location, location, location.
I also reckon go for a preferred location, as long as the house repairs would be manageable. It would be a nicer environment to live in and also better resale value in case you decide to move.
It’s just renting
Ah… I’d say the same thing, provided the rent was reasonable and house ok to live in. I think the problem with seaside towns is competition from holidaymakers would bump the prices up
this is a city suburb, no holiday makers , the only possible prob is people who park their cars on the weekend
but I talked to neighbours and it’s not a prob right there
Sounds promising!