Buying a Fixer-Upper Home in Lincoln
Buying a fixer-upper home in Lincoln, California can save you a ton of money, but you should do some homework before deciding that your next home must be a fixer-upper.
To help homebuyers who may be wondering whether or not a fixer-upper suits their personal and financial needs, industry experts have prepared a FREE report entitled Fixer Uppers: Myths & Facts – What You Should Know Before You Buy.
Research the Facts and Do Your Homework First
Too many prospective homebuyers tend to have a romanticized version of the entire process and are shocked when confronted with the hard reality.
Fixer-Upper homes can represent an excellent opportunity to purchase a home for less as long as you thoroughly research the facts and run the financial numbers BEFORE you purchase.
A fixer-upper may be a good investment. But it can also be a giant money pit if you misestimate renovations, contract out for most projects, and skip an inspection.
Is a Fixer-Upper Right for Me?
This report dispels the 5 most commonly held myths surrounding fixer-upper properties and provides a simple financial formula for estimating available profit or savings.
Negotiate the Cost of Repairs
We know repairs will be in order. Obviously, or it would not need fixing.
Most sellers will start with a higher purchase price, leaving room for negotiation depending on the home inspection.
If a homeowner wants out of the home quickly, you have a good chance of negotiating a fair price that will give you a great deal.
However, if the home has structural damage or needs significant repairs, it could cost you close to 30% in addition to the selling price.
It depends on what the seller is willing and not willing to do.
Your Home Sold Guaranteed Realty Has a Hotlist of Off Market Fixer-Uppers
To learn more about buying a fixer-upper home and how it will impact your buying decision, Your Home Sold Guaranteed Realty- Nic Judd is here for you.
We have access to a hotlist of fixer-uppers you won’t find online.
If you are looking to buy a fixer-upper home in Lincoln, California, we will guide you through the process every step of the way. Your satisfaction is our top priority. Call us at 916-943-7771 or fill out the form below for more information.