What Home Buyers Need to Know Before Purchasing a “Fixer Upper”

FOR IMMEDIATE RELEASE
Contact:
Mike & Debbie Murdock
Brokers/Owners
EXIT Realty Pro in Canton
903-567-7777
Mike@EXITRealtyPro.com

 What Home Buyers Need to Know Before Purchasing a “Fixer Upper”

Canton, Texas (Grassroots Newswire) 2/12/18 – Some home buyers consider purchasing a “fixer upper” when deciding on the home of their dreams. There are many things to consider when looking at these types of homes.

Always make sure to evaluate the price. A home needing lots of upgrades should come at a fair price for what it’s worth. Make sure to do lots of homework before settling on the asking price of a house in need of several cosmetic upgrades.

Then, evaluate what improvements are needed, and determine what upgrades will bring instant equity. Based on Data from the National Association of Realtors “Remodeling Impact Report” A New Roof, Hardwood Floors, & Insulation make the top of the list at building home equity.

Also, make sure to consider the time it will take to remodel a “fixer upper” Most bathroom renovations can take 2-3 weeks. When adding in other big projects such as kitchen renovations and flooring, this can take several months of work. If an immediate housing situation is needed, a “fixer upper” is most likely not the best choice.

For more information about EXIT Realty Pro, please call 903-567-7777. EXIT Realty Pro is located at 1445 S. Buffalo, Canton, TX 75103.

Sources: www.houselogic.com, www.nar.com

About EXIT Realty:
EXIT is a proven real estate business model that has to-date paid out more than a third of a billion dollars in single-level residual income to its associates across the U.S. and Canada. EXIT Realty’s Expert Marketing Suite™ including geolocation Smart Sign™ technology gives home sellers the edge in a competitive marketplace. The company’s Focus on Good Health initiative promotes wellness at work and home. A portion of every transaction fee collected by EXIT Realty Corp. International is applied to its charitable fund and to-date, $4 million has been pledged to charity.  For more information, please visit www.exitrealty.com.