Are my expectations unrealistic for a first home?

My husband and I are going through the process of buying our first home. I am 7 months pregnant with our first as well. The Utah market is nuts right now. We are having to offer 5-12k over purchase price. With earnest money. And sometimes cash offers. We’ve made 3 offers so far and are on a home right now that we’ve put in a VERY competitive offer on and waiting to hear back on: We wouldn’t be compromising too much of what we want on this home, minus location. We only plan on staying in the home for 5 years then either rent it out or sell it. We are just looking to get skin in the game and start building equity. The location is okay. Not the best, definitely not the worst. Easy access to the freeway. Close to things. The schools aren’t the best. But it’s a safe small neighborhood. I’m hesitant because you always hear about important location is. And I can’t tell if it’s just me who isn’t a fan of the location because it’s not my first choice of areas. Any advice is welcome!

submitted by /u/stompie2112
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My husband and I are going through the process of buying our first home. I am 7 months pregnant with our first as well. The Utah market is nuts right now. We are having to offer 5-12k over purchase price. With earnest money. And sometimes cash offers. We’ve made 3 offers so far and are on a home right now that we’ve put in a VERY competitive offer on and waiting to hear back on: We wouldn’t be compromising too much of what we want on this home, minus location. We only plan on staying in the home for 5 years then either rent it out or sell it. We are just looking to get skin in the game and start building equity. The location is okay. Not the best, definitely not the worst. Easy access to the freeway. Close to things. The schools aren’t the best. But it’s a safe small neighborhood. I’m hesitant because you always hear about important location is. And I can’t tell if it’s just me who isn’t a fan of the location because it’s not my first choice of areas. Any advice is welcome! submitted by /u/stompie2112 [link] [comments]

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