The pros and cons of buying a house that needs work 22 Articles

by Tammy Lee White

Are you purchasing an investment property or your principle residence? Does the house require general updating or extensive renovations? The experience of flipping a house for profit differs greatly from renovating your ...read more

by Ryan Gray

After living in apartments and a one-level "pad" that looked just like a storage shed, my wife and I decided that we wanted a home of our own. We had only been married four years, and since each of us was still in the earl...read more

by Judy Zabriskie

When making major purchases, I usually make a list of all the pros and cons. Buying a house, especially one that is in need of major work is no exception. First we will start with the PRO side: 1. The house is in ...read more

by Raven Lebeau

Buying a house that needs work is a great financial investment, because if you are willing to put in the time, you may be able to sell the house for much more than you paid. You can hire conractors to do the things you ca...read more

by Jackie Az

Many people dream of finding a great deal on a house that just "needs a little work", but there are pros and cons to fixer-uppers. Some of the pros include: -the possibility of finding a bargain -the possi...read more

by Rose Mary

Home remodeling involves giving a whole new look to your home. It helps you to keep up with home dcor trends as well as increase the market value of your home. Many people do home remodeling to spice up their homes with...read more

by Celia Craske

Buying a property that needs repair can be a great way for first-time buyers to get on the property ladder, or for investors to make a good return. Obviously the cost of any repairs has to be added to the purchase price...read more

by Nisha Danny

Buying a second hand houses will always have its advantages and disadvantages.Sometimes it may be profitable andsometimes not. Cost:The very first thing people will be looking is the cost.Mostly people who are looking f...read more

by Paul Lines

Buying a house that needs work done to it has advantages and disadvantages, and these need to be carefully considered before making a final decision. ADVANTAGES 1) The purchase price should be lower than a similar prop...read more

by Shelly Mcrae

Real estate agents love to call them homes that need TLC, or tender loving care. The earthier of agents will call them handy man's specials. Buyers with a good eye and imagination will call them houses with potential. E...read more

by Roy Jacobs

What may seem an obvious disadvantage may be just that. However, sometimes it presents a genuine opportunity. As a result buying a damaged home has both pros and cons. The pros include; 1. The cost will be less. This ma...read more

by Rebecca Serio

If you are contemplating on buying a home that needs extra work, then allow me to share my personal experience with you first. There are pros to buying older and outdated homes. There are also cons. Let's start with the pr...read more

by JoAnn Powell

The idea of buying a house that needs work is a very personal choice. Most buyers prefer to have everything move-in ready on day of closing. Then there are others who look at a house and see what it could become rather t...read more

by Blair Mahoney

As I do not know the condition of the house you bought, you do not know the exact condition of the house I bought; yet if you bought a fixer-upper, we have much in common. While I could have easily bought a house in perfe...read more

by Sue Marchant

With house prices constantly on the rise, many people are being priced off the market or delay buying their first home to enable them to save a larger deposit. Taking on a home that needs renovating can be another option ...read more

by Sheila Howard

Depending on the work needed and the value of the house, buying a fixer upper can be very rewarding. A word of advice would be to have an inspector come into the house prior to purchase to avoid major renovations and unex...read more

by Teneka Adams

The Pros and Cons of Buying a Fixer Upper As a homeowner of a fixer upper, I must admit that buying a home that needs a lot of work takes a lot of time, effort, and money. However, great pride and a sense of accomplish...read more

by Ann Church

I recently purchased a house that was built in 1901. I love this house. We looked at houses all over. There were other houses that needed less repairs but the design and interior of the house was wonderful. My husband and ...read more

by Joe Bomb

It's great to own a home. However, owning a home comes with responsibility. Older homes often need much work, but older homes cost less to purchase and if done right, will save you money and can even make you money. Before...read more

by Amy Howard

There are many investors out there who buy foreclosures and have the resources and know how to turn right around and make a profit. This article is not for you. This is for the first timers. The virgins, if you will, in th...read more