Gut Instinct?

[Joe M.]

I'm evaluating a deal that on paper looks fantastic.

The numbers all work out, the property is in a great location, the price is incredible etc. etc.

The thing is I have this nagging feeling that I'm missing something, the "this is to good to be true" feeling. I'm doing all my due dillegence on this property but I just can't dismiss that feeling that something is fishy with this deal.

The two other houses I bought this year I did so without hesitation so I don't really have a problem "pulling the trigger" on a deal.

Do you guys ever find yourself in this situation? Ever back away from a deal based soley on instinct rather than hard facts?

[Bill Gulley]

I get worried when I don't have that feeling. I have purchased some, darn near on the spot and without much worry about it, but I should have been more concerned, although all worked out well. Do you have an inspector (if you feel uncomfotable about inspecting HVAC, foundations and structrual componets), did the title work, know the market? Having confidence in your judgment needs to be greater than that gut feeling, but don't lose that, it can keep you out of trouble, if it's reasonable. I try not to allow emotions get in the way, but sometimes you can't help it! Good luck, Bill