Posts from October 1st, 2020

Jay Mattlin, Real Estate Broker with Key Realty

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October
1

Home renovation and DIY shows have increased the appeal of fixer-uppers for a ton of buyers. But before you commit to buying a fixer-upper—and investing the time, money, and resources in fixing it up—there are a few things you need to know.

According to a recent article from real estate resource houselogic, there are a few key issues all buyers need to consider before purchasing a fixer-upper, including:

  • The price. The entire point of a fixer upper is to buy it, then invest in fixing up the property, and transform it into your dream home (or flip it and sell it for a profit). But in order for that to happen, you need to purchase the home at a fixer-upper price point—and have plenty of budget left for renovations. If the price is too high, you're goin...

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