Fixers or Money Pit

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Rob Leroy an associate up in Bellingham, WA is a very good read.  In a recent post he talks about the pitfalls of buying a fixer.  Like Seattle, buying a fixer in Portland, OR or any other city for that matter, you should ask yourself some of the same questions he poses…

#1   You don’t actually know how to fix stuff
#2  You don’t have the money to get things fixed
#3  You don’t have the time to get things fixed
#4  You can’t get the bank to actually give you the loan
#5  Your work  prices you above the market

His full post is here
http://www.portlandpowersearch.com/top-5-reasons-buyers-fumble-with-fixers/

I am always available for questions or to talk about your real estate search
rich.peralta@exprealty.com or call me at 503.961.2181
www.portlandpowersearch.com

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