HomeHelpful LinksArticlesContact CCP
About CCP
sep
Search Listings
sep
Featured Listings
sep
Commercial Loans
sep
Residential Loans
sep
Rental Listings
sep
For Buyers
sep
For Sellers
sep
House Values
sep
Articles
sep
Relocating
sep
Mortgage Calculator
sep
Real Estate Glossary
sep
Real Estate News
sep
Business Opportunities
Contact CCP
Featured Properties
 
   
   
 
 
Fixer-Upper

A fixer-upper is a real-estate property that will require maintenance work to redecorate, reconstruct or redesign. They are popular with buyers who wish to raise the property's potential value to get a return on investment, a practice known as flipping, or as a starter home for buyers on a budget. Home-improvement television shows touting do-it-yourself renovation techniques have made fixer-uppers more popular, but during a real-estate downturn, with newer homes available at depressed prices, there is often reduced interest. Inexperienced buyers frequently underestimate the amount and cost of repairs necessary to make a home livable or saleable. Structural and service issues such as a home's foundation or plumbing, which may not be visible at first, can require expensive, professional contracting work.

<< Go Back

 
 
     
  California Classic Properties
4887 E. La Palma Ave. Suite 708
Anaheim, CA 92807

Tel. (714) 693-9456
Fax. (714) 693-8498
info@californiaclassicproperties.com

 
   
 
 
   
 
Home | About CCP | Search Listings | Featured Listings | Commercial Loans | Residential Loans | Rental Listings | For Buyers For Sellers | House Values
Articles | Relocating | Mortgage Calculator | Real Estate Glossary | Real Estate News | Helpful Links | Articles | Contact CCP
© 2008 California Classic Properties. All Rights Reserved.