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Finding fixer uppers |
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Where are fixer-uppers found in the ?We can find distressed area properties or fixer-uppers for you in most communities, even wealthier neighborhoods. A distressed property is one that has been poorly maintained and has a lower market value than other houses in the immediate area.
Ascertaining whether the property you're interested in is a wise investment takes some work. We'll need to figure what the average house in a given area sells for, as well as what the most desirable houses in that area are like and what they cost. Contact us today and we'll get started!
Some experts suggest that buyers who take this route try to find a
"cosmetic fixer" that can be completely refurbished with paint,
wallpaper, new floor and window coverings, landscaping and new
appliances. You should avoid run-down houses that need major structural
repairs. A house price that looks too good to be true probably is. A
smart buyer will find out why before buying it.
The basic strategy for a fixer is to find the least desirable house in
the most desirable neighborhood, and then decide if the expenses needed
to bring the value of that property up to its full potential market
value are within one's rehab budget.
Questions about Real Estate?
Ask us below or Call us Now at 843 849 7587
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Last Updated ( Thursday, 04 September 2008 )
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Contact Information
Jay Rogers The Real Estate Savings Center, LLC 1233 Spoon Court Mt. Pleasant, South Carolina,
Office: 843 849 7587 Cell: 843 367 7587 Fax: 800 889 1847
Lic. #: 24852
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