Many people are wary of buying a house that will need work right away, understandably so. These homes can be ending draining away a lot of money. However, when the circumstances are right, a fixer-upper can still be a good option for many buyers.
- When the work that needs to be done is simple.
- When the repairs/additions will pay for themselves in added value.
- When you have a another place to live while work is being carried out.
For more advice on approaching fixer-uppers, read this article.