Psychology of Buying / Overcoming

I can fully understand that nowadays people have reservations when it comes to these amounts. You can practically no longer afford a financial misstep. But it also works the other way around, because in life you can just as well regret the things you didn’t do:
We were in such a situation in 2017, and a great property was practically on a silver platter before us, we would only have had to seize it. But the price was quite high for the time, plus the broker’s commission, and we also knew from a reliable source that the seller, who had only moved in in 2014, had paid 50,000 euros less and had done practically nothing to it. That was definitely a psychological disadvantage, and so we simply could not bring ourselves to buy.
Although we have since built and can see it more relaxed now, I avoid the street where the house in question stands, because I could still kick myself today for not having taken the opportunity back then. With our new build, we have a newer house, but less living space, less land, a smaller attic, etc., for a total investment of 70,000 euros more... that’s just how it can go when you approach things too "analytically." Especially with good existing properties, you simply need a killer instinct and a lot of willingness to take risks due to the strong demand. If you don’t have that, then buying a plot of land is definitely the better choice.

I can only recommend this approach. Whether buying a kitchen, planning a floor plan, or anything else. As soon as someone puts pressure on me, I immediately and irretrievably back out.

Solid attitude, but in 2020 you would stand no chance with it when buying a house, at least not with a prime piece.

In general, I can only recommend uncertain characters not to confide in too many people about their plans, but to listen to their own gut feeling. We made this mistake. Gathered half a dozen opinions, ranging from "Go for it, you won't get better!" to "Are you crazy? Definitely not!" That was quite the range. Great decision-making help... :-/ Works better than 10 cups of mocha to stay awake at night.

Generally, I can only recommend uncertain characters not to confide their plans to too many people,

It also puts you under pressure and then you have a bad feeling. Constantly being asked whether you already have it or something.

Solid attitude, but in 2020 you would have stood no chance buying a house, at least not for a prime piece.

I still remember well a property in Berlin Frohnau - just under 700K. Online at 11, contact with the agent at 11:15, viewing at 2:00 pm. An hour before, a call: someone bought it over the phone without a viewing.

These and other experiences have, however, also helped us move forward and led to us succeeding in the competition for our plot.

Solid attitude, with which you would have no chance when buying a house in 2020, at least not for a prime property.

We experienced something similar.
Terraced house in the middle of Lübeck, direct view of a nature reserve. Built in 2014, very good condition, with a cellar suitable for living, purchase price 320k.
Because my wife and I always discuss investments first, I asked to sleep on it overnight.
45 minutes later we received an SMS that the house was sold.

and now we are talking about an investment of 530k – in hindsight, I would have liked that terraced house after all.

Hindsight is always 20/20 and buying over the phone? Yes, if my name is Rockefeller. It can also end sadly with a junk property. Such missteps can be afforded once or not at all by normal people. For people like me, who simply have no expertise in this area, this is Harakiri.