Many of us are guilty of plopping on the sofa and binge-watching reality TV home flipping shows. The allure of buying and selling homes for big profits with no boss looking over our shoulders has major lifestyle appeal. Shows like "Love it or List it," "House Hunters," "Flip or Flop" and others make it look incredibly simple. Even when they face adversity such as rotted wood or bad pipes, the way the reality TV stars overcome adversity is more of an inspiration than a deterrent. And plenty of … [Read more...]
When It Makes Sense To Buy An Ugly Duckling
"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...]
3 Things You Need to Consider Before Buying That Fixer-Upper Home
What Will It Cost? If you're going into a home expecting a few renovations costs, a minor detail here or there may not add up to much. However, if you're not interested in spending the big bucks on making changes, you'll want to estimate an approximate amount of how much the renovations you don't want to live without will amount to. By including all the necessary labor and materials, you'll be able to determine if the price-point of your offer will be worth it. Keep in mind that if there are any … [Read more...]
