One Way To Find A Fixer-Upper
Looking for a special “fixer-upper”?
Many home buyers whose energy exceeds their checking accounts are doing just that. Buying homes in need of some TLC is a great way to get a lot of house for a relatively small amount of money.
“Sweat equity” isn't for everyone, but if you know you are going to be particular about repairing your home just the way you like it, starting with a home in need of some help can save you a lot of dollars.
One method of finding fixer-uppers is to look for homes that are already under repair, either by local non-profit agencies or by individuals.
This can be a signal that the neighborhood is either on the upswing or is in the process of getting a lot of attention.
Then, look for nearby homes that are for sale. That will assure you that you are moving in at the right time, and may even qualify you for additional financial assistance. Plus, your neighbors and you can swap stories and tools as you get to know each other.
