Whether or not to buy a fixer-upper house may be one of the oldest questions in the book. There are so many pros and cons to doing that it can be difficult to determine whether it is the right choice or only a dream that could turn into a nightmare. Most people avoid buying a house that needs a lot of work, but there are times when doing that could be the best decision you have ever made. If you do your research carefully you'll be less likely to end up with a house you can't fix at all, or one that costs you much more than you expected it to. That's worth taking a look at. Here are some specifics to consider.
What is the Asking Price?
The asking price of any house that needs work should be low enough to accommodate that work. In other words,
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