Wednesday, November 07, 2007

Hypothetically speaking

A quick hypothetical for today's election.

Suppose you've lived in a home for over a decade. It's been a comfortable, secure place to live. You've done some renovations, and have plans to do more - but you're also wondering whether it might be time for a change, and what other houses might be available. So when another house a few blocks away comes on the market with an asking price within your range, you decide to have a look.

The owner greets you at the door and gives you a brief tour of the house. You can tell that there are some elements you like - a somewhat larger garage, a more elaborate security system. There are also some elements that you don't like - the appliances are older, it's less energy-efficient, and the location isn't quite as good. But you decide that those are issues you can deal with, and that if the new house is all it appears to be, you'll want to buy it.

However, you also notice a couple of cracks in the walls, and the basement seems a bit damp for your liking. So you ask the owner if it'll be a problem to bring an inspector in to check the house out thoroughly.

And the owner responds, "I'm selling the house as is, where is. No inspectors, and we have to close now.

"But I don't see why that would be a problem. You want to choose a home based on hope rather than fear, right?"

Now, is that the kind of line that would inspire confidence? Would you react by saying, "The owner has a point, let's close the deal now"? Or by walking away and deciding that you'll revisit the possibility of moving later on?

And which of those above choices seems more likely to lead to a better end result?

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