“Needs a little love,” “project home,” and “fixer-upper” are terms that pop up on listings around the country, aimed at enticing energetic and industrious home buyers who are looking for a unique and rewarding challenge. However, are you really up for the demands that come with this kind of home purchase? To answer this question – and address a variety of other concerns that come with fixer-uppers – let’s hear from some of the leading voices in the real estate industry.
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The concept of the fixer-upper is definitely appealing – as long as you know what you’re getting into before you sign on the dotted line. Unfortunately, too many new homeowners bite off a lot more than they can chew on this front and end up stuck in a bad real estate position. From poor planning to an inflated sense of ability regarding renovations, there’s plenty of issues that can derail this kind of project. However, after reading over these five important points, you’ll be able to move forward with confidence and certainty as you write the next great chapter of your home life.
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