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Fixer Uppers - now is the time

By
Real Estate Agent with FOUST Team Real Estate DRE # 01488032

With the market prices very low, it is the right time to look for "fixers".  Why so I say that?  In addition to the low price , the loan rates are low (and going lower - we think), and the really slow economy has made skilled trade helpers easy to find (and very negotiable on their prices).  One of our clients just renovated a three bedroom house. Everything was redone: kitchen, baths, floors, walls, outside landscape, etc.  the total investment in "fixing" was 30-40% of what it was a year ago.  Everything seems to be on sale.

Comments (2)

Debi Ernst
St. Charles County, Missouri - Prudential Alliance Realtors - O'Fallon, MO
GRI, e-PRO, Broker/Sales Associate

Todd - It really is a great time to buy.  I think people are starting to realize that now...  :)

Dec 09, 2008 08:55 AM
Michael A. Caruso
Surterre Properties - Laguna Niguel, CA

It's a great time to buy.  Even better...contractors pick up the phone now when you call.

Dec 09, 2008 09:07 AM