Attention First-Time Homebuyers! Experts Advise Seriously Considering That Fixer-Upper
Compared to just ten years ago, today’s first-time homebuyers are not as likely to consider the “fixer-upper”. Surveys show that “affordability” is the number one concern of many first-time homebuyers, but at the same time they consider the “move-in condition” of the home to be very important as well. Only seven percent are considering the smaller, fixer-upper home. First-time buyers should keep in mind th
at homes that may only need basic face lifts such as fresh paint, carpet, landscaping or even just window treatments can come with very large savings.
Experts now strongly suggest purchasing that fixer-upper as a way to build equity over time, and then later moving up to a second-stage home, which may then meet “move-in condition” expectations. One thing to consider when purchasing a fixer-upper is that many sellers of this type of home are more interested in selling quickly, than by making a huge profit. Also, good savings may be found on homes that have been listed for over ninety days, homes owned by long-term owners, and house-flipping investors that may be eager for a sale.
If you are looking for a "fixer-Upper" or a dream home in Wellesley, Weston or Needham, please contact me.
at homes that may only need basic face lifts such as fresh paint, carpet, landscaping or even just window treatments can come with very large savings.
Experts now strongly suggest purchasing that fixer-upper as a way to build equity over time, and then later moving up to a second-stage home, which may then meet “move-in condition” expectations. One thing to consider when purchasing a fixer-upper is that many sellers of this type of home are more interested in selling quickly, than by making a huge profit. Also, good savings may be found on homes that have been listed for over ninety days, homes owned by long-term owners, and house-flipping investors that may be eager for a sale.
If you are looking for a "fixer-Upper" or a dream home in Wellesley, Weston or Needham, please contact me.
You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
