Is A Fixer-Upper A Good Deal?
By Carole Jacoby, Residential and Relocation Specialist in Fresno
(Carole Jacoby & Co. Real Estate)
Let me start by saying fixing is like the old adage "beauty is in the eye of the beholder". Some buyers will not consider buying a home that requires minimal work such as paint and carpeting, while others are willing to take everything down to the bare walls and, in essence, start over to make the home reflect their personal style. Some buyers are willing to do work at a later date in order to purchase a home below market value. If you are willing to except a home that is not in turn-key condition, then please read further because I am going to tell you about a special financing program for homes that need anything from a "touch up" to homes that need revitalizing. This loan program allows buyers to do repairs; as simple as cosmetic repairs such as carpeting, paint or landscaping to maj...
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