There are many homes in
San Diego that are considered “fixer
uppers” that can reduce your cost and
allow you to build equity at a rapid pace. I
will save you money by locating the most motivated
sellers of these homes and connecting you
with respected service providers who will assist you
with cost cutting during the process of fixing your
new home.
Reading this is a must if you
are considering buying a fixer upper home!
Buying a home that needs to be fixed
up can be very rewarding both
financially and personally if it is well planned out. Without
the proper planning it can turn into your worst nightmare. Fixer
upper homes generally fall into two categories; those
that have mainly cosmetic problems and those that have
systemic or structural problems. Homes that are
cosmetic fixer uppers usually will require things like
paint, flooring, minor repairs, and landscaping. Homes
that have structural or systemic issues will require
more serious improvements like plumbing, electrical
work, roof work, structural repairs, and major remodeling.
Most home buyers
are fully capable of
dealing with the requirements of a cosmetic fixer upper
and will gain substantial rewards
for their work, but
the structural fixer upper has many considerations.
1. How will the project be financed
2. What will the true costs
of fixing the home be?
Without the proper research and written
estimates your home improvement
project can be left under-funded and end up with major cost over-runs. These
types of cost over-runs are very common in the construction,
but can be avoided with the
proper planning.
3. Will the necessary improvements
require permits and are the zoning requirements appropriate
to any planned additions
4. What timelines
are involved?
Time constraints
can cause major lifestyle changes if you are planning on moving in before the
repairs are completed. Many a marriage has fallen
victim to major home improvements and the problems
they cause.
5. If you are not planning
on moving in until the project is done, can you afford
the burden of two house payments?
6. Most important of all. Is
improving the home worth the time and money?
After determining
the true cost repairs,
the fixer upper home must be evaluated with comparable
home sales to insure that there
is enough profit or benefit to take on the project.
HomeSniffer is connected
with Loan Officers who have access to loan programs
that make it possible
to enjoy the benefits of a fixer upper home even with
no money down. These
programs are 100% financing that includes the cost
of improvements.
Contact
me for a list of the
best fixer upper home deals in San Diego.
My services will protect your investment
for a lifetime.
Fixer Uppers, fixer uppers in San Diego County: La Jolla
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