6 hard truths about buying a fixer-upper
The lure of the fixer-upper is tempting for buyers. The “bargain” price of a fixer, compared to the price of an average house nearby, makes a real estate agent’s phone ring off the hook with showing requests. The hard truth, however, is that fixers do not make sense for most buyers. An agent with a good grasp of all that is involved with a fixer purchase can be an invaluable resource as buyers weigh their options.