Buy A Fixer Upper Home in Cupertino
Get The Help of an Cupetino Real
Estate Agent. In this day
and age we fee that we can do everything
ourselves. Afterall, you can learn how to
repair hardwood floors, install new floor
tile, and even repair plumbing by watching
instructional videos and TV shows. This
may be true, however, when it comes down
to actually doing the work. Ask yourself
one questions: Will you do the work? Many
buyers have the desire, the know-how, and
still fail to find time to fix their homes.
Choose a Cupertino real estate agent.
A smart agent will help you assess the fixer
home that you plan on purchasing and give
you their thoughts. This can be very valuable
to the potential buyer because the real
estate agent sees homes every day. They
see the "before" and the "after."
Enlist the help of a good Cupertino real
Compare Similar Homes and Work The
Numbers. Do the math and figure out
if it is worth buying. If you see a home
that is selling for $800,000 in Cupertino
and it's totally fixed up and looking great.
Is it a better deal than a home that's only
selling for $699,000 and needs some foundation
work, a new roof and has major deferred
maintenance. Let's of course, assume that
everything else is equal (ie.the square
feet of the home, the lot size, the direction
that the sun enters the kitchen,etc). What
if the fixer upper home can be made to look
like the fixed up home with $100,000? Keep
in mind the days that you won't be able
to move in to your home and have to rent
somewhere else.You are paying out double
payments each month - mortgage payments
and rental payments. What about the time
it will take to actually do the repairs?
You say you'll do it yourself. OK, what
will you do for income, you still have to
work somewhere, don't you? The fact of the
matter is unless you get a really good deal
on the "fixer upper" home, it
really may only apprear to be a good deal.
Do the Math. Pencil it out! But most important
get the help of a Cupertino real estate
agent that knows the values of the homes
in the area.
If you need the assistance of an expert
Cupertino Realtor, call (408) 460-8401.