Just walked away from a deal ....

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Since doing a deal or walking away sometimes involves a gut versus head call and you wind up in shoulda, woulda, coulda land anyway .....

How often do you regret *walking away* from a deal? Or do you just make the decision and move on.

[Bill B.]

My searches were so specific in Vegas where every house is almost identical. Less than 10 years old, stucco,siding, tile roof, 2+ car garage, 1800-2400sf at the lowest cost per sf (usually $55-$70). Using that criteria I walked away from probably 5 deals while closing on 15.  The walk was usually over missing appliances, a few thousand worth of ac repairs, or something else stupid. I regret every single one of those 5. Each one is worth $100-$200k more 5-10 years later. Nothing like losing $500k-$1million over a max of $20k in “problems”. Don’t lose dollars haggling Over pennies. 

Time cures almost all mistakes. In 10 years a 5% price difference just won’t matter. Just a having a tenant solves most problems. I’d rather have a $800 problem in an occupied home than a $400 problem in a vacant home. You forget people are paying $400/week or more to live there.