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Buying an Evansville Fixer Upper
These days the words “bank owned homes” have become practically synonymous with a single word: “opportunity.” With prices and mortgage rates this low, first time home buyers, investors and seasoned property owners alike are looking at a raft of buying options unlike any our town has seen in a very long time.

That option of buying a bank owned home has certainly opened a viable route for those looking to own a home at the fraction of what it cost just a few years ago. But not without a price: the best local bank owned home bargains are almost certain to fall into the ‘fixer-upper’ category.
When considering the purchase of one of our Evansville bank owned homes, I’ve found that my most successful clients have a few qualities in common:
-patience – they wait until they’ve found a house that suits all their needs
-prudence – they resist the temptation to take out too big of a loan
-realism – they know how much hard work they will be willing to put into the house
Finding the right fixer-upper should be approached as a process: in other words, never buy the first home you see until after you’ve ... more

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