The 70% Rule: Deciding Right Home When Buying Your First House

First-time home buyers should embrace the 70% rule and act decisively to avoid losing time and money in the search for a perfect house.

When you’re buying your first home, it’s easy to fall into the trap of searching for perfection. However, just as there’s no such thing as a perfect relationship, there’s no such thing as a perfect house. Here’s the practical advice I give to all my first-time home buyers.

Accept the 70% Rule

If a home meets 70% of your requirements, move forward with confidence. Waiting for a home that ticks every box can cost you valuable time and money. Real estate markets can be competitive, and the longer you wait, the more you may end up paying or losing out on good opportunities.

“If a home is meeting your 70% requirement, move ahead with confidence because time is money.”

Time Is Money

The more time you spend looking for the perfect house, the more money you might lose in the process. Delays can mean higher prices and missed chances. Prioritize what matters most and be flexible with the rest.

Move Ahead with Confidence

Trust your instincts and take decisive action when you find a home that meets most of your needs. This approach will save you time, reduce stress, and help you secure a home you’ll love.