Is a “Fixer Upper” Right For Me?
When you’re thinking of moving into a new home, you are often faced with two choices – purchase a move-in ready home, or a fixer upper. Asking yourself which option is best for you is the first step, You need to weigh your pros and cons before determining which choice is right for you. Here are ways to determine whether or not a fixer upper is right for you, and what to look for if you determine that is it a good option.
Financial Situation
You need to determine your current financial situation to figure out whether or not a fixer upper is right for you. If you can’t necessarily afford a move-in ready home at the moment, but still need to find a place to live, a fixer upper will be a better, and less expensive option.
Make it Your Own
If you’re looking for your “perfect” home, a fixer upper might be an ideal situation for you. You will have the opportunity to add your own personal touches to the home to make it exactly the style you want it to be. It will give you more freedom than moving into a move-in ready home will.
Location
Buying a home is an investment, so you always want to be considering the location it is in. A fixer upper is a great way to purchase a home in decent condition, in a neighborhood that you wouldn’t otherwise be able to afford.
Arrange for a Home Inspection
Before you officially buy the fixer upper home, you will want to make sure that the home is thoroughly inspected by a professional. Something like bad wiring and drainage problems could end up being more costly to you in the long run.
Personal Appraisal
Do an honest personal appraisal of the work you are capable of doing on your home. If the home requires more work than you can handle or you don’t have enough experience for the work load, it might be better for you to pass on the home. After all, hiring professionals may be more costly to you in the long run.
To learn more about whether or not a fixer upper is the right option for you and your family, visit here.
About Deborah Laemmerhirt
Let me assist you in finding everything you need to know about buying or selling a home! As the preeminent real estate professional in my community, I am dedicated to providing the finest service available while breaking new ground.
Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game.
I go the extra mile to help you achieve your goals. That’s why I constantly research the home, market and estate values so your home is priced effectively from day one. I also make sure the public knows your home is for sale by using innovative marketing techniques to attract potential buyers.
As an Internet-savvy real estate representative in Connecticut, I’ve had the opportunity to help many home buyers find their ideal homes and many sellers obtain top dollar for their homes. Buying or selling a home is one of the largest financial transactions that most people ever undertake, so I will help you through every step of the process. My goal is to make your home selling or buying experience as easy and enjoyable as possible.
My services include:
Explaining the home selling and buying process thoroughly
Diligently selecting homes that meets your criteria
Pricing your home correctly and implementing a unique yet proven marketing plan
Negotiating on your behalf
Tracking the closing process to ensure a smooth transaction
I welcome the opportunity to address any questions you might have about buying, selling or current market conditions. Please call or e-mail me any time, and I will be happy to discuss your next steps in the buying or selling process.
I specialize in both Residential and Commercial Properties.
I also head a Real Estate Group to provide you with expert service and support.
Areas of Expertise
Making transitions in your life is challenging. You may be moving from out of town, a different state, internationally or just next door! Regardless of the distance I am prepared to respond to your unique needs.If you are a BUYER looking to downsize, up-size, want a new construction, desire a condominium, to invest, even if this is your first home, I will design a unique plan to fulfill your needs in a reasonable time frame, with the best negotiated price and the least amount of inconvenience.For my Home Sellers, I have an innovative marketing plan that will leave nothing to chance. Just call, and I would be happy to share the DIFFERENT and SUCCESSFUL TOOLS I utilize on each of my listings.
I have lived in Connecticut for over 35 years. I practice Real Estate in Fairfield County, New Haven County and Litchfield County. This includes, but is not limited to Bethel, Bridgewater, Brookfield, Danbury, Harwinton, Kent, Litchfield, New Fairfield, New Milford, Newtown, Oxford, Ridgefield, Redding, Roxbury, Sherman, Southbury, Warren, Washington, Westport and Wilton.