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Should You Buy A “Fixer Upper”?

April 9, 2010

Many home buyers find that buying a “fixer upper” and using their imagination and effort to create their dream home is a rewarding and enjoyable venture. If you’re one of these people, here are some pointers to help you find a house with good potential:

  • Have the home inspected to get a realistic idea of how much mechanical, system and structural work needs to be done.
  • Look for a house that is structurally sound and needs only cosmetic changes.
  • Research the neighborhood to find out if what you spend on the home today can be recovered if you decide to sell.
  • Consider who will help you do the work and how much it will cost if you need to hire people.
  • Make sure you are financially able to finance your home and still afford to pay for improvements and repairs.

If you or someone you know is looking for a “fixer upper” or has another real estate need or question, please call me at 608-469-5199 or email me at propertyshoppe@kw.com or visit my website www.yourpropertyshoppe.com for buying and selling tips, MLS property searches, town and community information and more.

SEARCH FOR FORECLOSURE PROPERTIES

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