Advantages of purchasing real estate in the village of Fairview, Oklahoma include:

1. Affordability: Real estate prices in Fairview are relatively low compared to other parts of the country, making it a more budget-friendly option for homebuyers.

2. Peaceful living: Fairview is a small rural community that offers a peaceful way of living. If you enjoy a slower-paced and quieter lifestyle, this may be the right place for you.

3. Strong community: Small communities like Fairview usually have strong community bonds, which can promote a sense of belonging that may be missing in larger cities.

However, some disadvantages of purchasing real estate in the village of Fairview, Oklahoma include:

1. Fewer amenities: As a rural community, Fairview may have fewer amenities such as shopping centers, restaurants or recreational facilities, which can limit your options for entertainment and socializing.

2. Limited job opportunities: There may be limited job opportunities in the area, which can make it difficult to find employment or establish a career.

3. Distance from larger cities: Fairview is not close to larger cities, making it more difficult to access city amenities or commute to a job in a metropolitan area.

It is important to carefully consider all these factors before making a decision to purchase real estate in the village of Fairview, Oklahoma.