My partner and I have been house hunting for about a year now and recently saw a home we liked (but didn’t love). The house fits our needs right now, but would not in 5 years probably, however, the price is extremely good as it’s been sitting on the market for 9 weeks with little to no interest.
We have plans to move about 300 miles away in 5 years and the house would make an ideal rental property (something I’ve been interested in) for after we move. The mortgage payment would be less than we’re currently paying for rent but the trade off is in location (way more rural) and the size is basically the same as our apartment.
We’re really torn and hoping the real estate gurus here might have some advice. We both feel we would be happy there, but the driving force behind wanting to make an offer is primarily the asking price. Is it wise to make a decision out of fear that we won’t be able to find anything like this at the same budget range?