"Move-in ready" homes are desirable -- there's no doubt about it! But sometimes it makes better financial sense to opt for a house with dated decor and a less than trendy kitchen or master bath. You may not get your dream home immediately, but the opportunity to transform a property into your own swan can be rewarding. It can also be easy on the pocketbook. When looking at Ugly Ducklings, however, look first to structural integrity and the condition of major home systems. including plumbing and … [Read more...]
Should You Buy A Fixer Upper?
Popular TV shows like Fixer Upper and Property Brothers have brought the charms of owning a fixer upper to light. A fixer-upper can be a great option if you are prepared for the experience of owning a house that needs work and time. A house that needs work can be a great investment if you are ready to invest the time and money into it. On the other hand, buying a fixer upper might be a problem if you are not aware of what you are getting into. Not sure if owning a fixer upper is worth it? Here … [Read more...]
Is It A Good Idea To Buy A Remodeled Home?
Are you considering buying a flipped house? Here are some ways to tell if it is a good idea or not. If you watch popular TV shows like Property Brothers, Flip or Flop and Fixer Upper, you might believe that buying a remodeled home is a great idea. These shows always have happy endings. The process looks fun and easy, and the houses turn out beautiful. However, it is rarely this easy when buying a real-life remodeled home. There are plenty of flipped houses that turn out to have significant … [Read more...]
Fix and Flip: Forget What You See on Television
The drama of home and garden TV shows may be fun to watch, but no matter what you think, reality shows are not at all like real life. If you think it's easy to buy a house that needs updating and turn it quickly for substantial profit, you might want to think again. That doesn't necessarily mean, though, that you should shy away from the idea of buying a "fixer-upper" -- just that you should approach such a home purchase with eyes wide open. Here are some valuable tips: Buying a house … [Read more...]
