Potential home buyers who are frustrated with the limited inventory can try to expand their target areas. But if you are already set on the neighborhood in which you’d like to live, what then?
Take a closer look at the fixers.
It is VERY common that buyers only want to consider the homes in top condition – but how many of those do you see? Hardly any, because sellers typically don’t spend the money on upkeep, or spruce them up, in order to sell.
If you plan to spend at least $25,000 to $50,000 on any house you buy, it’ll open up the selection tremendously, and hopefully you’ll find one where you can spend less. To help readers become more comfortable with repairing/improving homes, I’ll keep the posts coming – here’s a youtube on the cantina doors: