Is Buying a Fixer-Upper Worth it?

I’ll help you buy or sell your home in Louisville, KY. If you’re looking to buy a home, I’ll help you pick the right home. If you’re thinking about selling, call me and I’ll tell you what price your home is most likely to sell for. Click here to search all available homes on my website.

We made it to 2015 already, can you believe it? Today, I want to talk to you about if it's wise to buy a home that needs renovations. With low interest rates, there are a lot of buyers pondering this question: While a home that needs renovations will undoubtedly sell for less money, are the savings worth it?

My answer to this question is: it depends on your situation. Are you a first time buyer? Are you moving up? Moving down?

I will say this: If you are a first time home buyer and want a good deal on a home, that's completely understandable. However, homes have layers, and even though the home may pass a home inspection, there could be underlying problems the seller is unaware of. Buying a fixer-upper requires a lot of work, and in some cases, can end up being more expensive than buying a renovated home. 

Like we said before, each individual case is different. If you'd like us to take a look at your situation and help you decide what your course of action should be, just give us a call. We have helped hundreds of home buyers just like you, and are eager to earn your business.

Happy Holidays from Todd Martin

I’ll help you buy or sell your home in Louisville, KY. If you’re looking to buy a home, I’ll help you pick the right home. If you’re thinking about selling, call me and I’ll tell you what price your home is most likely to sell for. Click here to search all available homes on my website.

Hey folks, we just wanted to take a break from our normal video blog to tell you how grateful we are to have you as a subscriber. It means a lot that you have been following us over the last few years and I am very thankful and appreciative of all of your great questions. Keep 'em coming in 2015!

So from our team to yours, we wish you a very Merry Christmas and a Happy New Year. Enjoy the blooper reel at the end of our video, as you see, we like to have fun around here.

How we helped Rich sell his condo with our patience and good advice

"My condo was very difficult to sell. It had been on the market last year but we took it off and then put it back on with Todd Martin. It was shown a lot of times and it was in an older building but there was just always something wrong that the buyers objected to. It was never the same issue either. Todd and Keith were very patient and advised me to stick with one contingency deal that I originally thought wasn’t going to follow through, however the advice turned out to be good advice! I really liked the web listing and how it showed how many times someone looked at it and how many times it was shown. It was very helpful information and I don’t think I could have asked for more help!"