|
Buy A Fixer Upper Home in Mountain
View
Get The Help of a Mountain View
Real Estate Agent. In this
day and age we fee that we can do everything
ourselves. Afterall, you can learn how to
repair hardwood floors, install new floor
tile, and even repair plumbing by watching
instructional videos and TV shows. This
may be true, however, when it comes down
to actually doing the work. Ask yourself
one questions: Will you do the work? Many
buyers have the desire, the know-how, and
still fail to find time to fix their homes.
Choose an Mountain View real estate
agent. A smart agent will help you assess
the fixer home that you plan on purchasing
and give you their thoughts. This can be
very valuable to the potential buyer because
the real estate agent sees homes every day.
They see the "before" and the
"after." Enlist the help of a
good Mountain View real estate agent.
Compare Similar Homes and Work The
Numbers. Do the math and figure out
if it is worth buying. If you see a home
that is selling for $800,000 in Mountain
View and it's totally fixed up and looking
great. Is it a better deal than a home that's
only selling for $699,000 and needs some
foundation work, a new roof and has major
deferred maintenance. Let's of course, assume
that everything else is equal (ie.the square
feet of the home, the lot size, the direction
that the sun enters the kitchen,etc). What
if the fixer upper home can be made to look
like the fixed up home with $100,000? Keep
in mind the days that you won't be able
to move in to your home and have to rent
somewhere else.You are paying out double
payments each month - mortgage payments
and rental payments. What about the time
it will take to actually do the repairs?
You say you'll do it yourself. OK, what
will you do for income, you still have to
work somewhere, don't you? The fact of the
matter is unless you get a really good deal
on the "fixer upper" home, it
really may only apprear to be a good deal.
Do the Math. Pencil it out! But most important
get the help of an Mountain View real estate
agent that knows the values of the homes
in the area.
If you need the assistance of an expert
Mountain View Realtor, call (877)
326-7492.
|