BAP Blog Finding fixer uppers in Durham North Carolina, by Broker,Realtor and investor expert Willie Velez
Finding fixer uppers in Durham North Carolina, by Broker,Realtor and investor expert Willie Velez
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June 12, 2009, by

Where are fixer-uppers found in the Durham and the Triangle Area ?

We can find distressed Durham and the Triangle area properties or fixer-uppers for you in most communities, even wealthier neighborhoods. A distressed property is one that has been poorly maintained and has a lower market value than other houses in the immediate area.
Ascertaining whether the Durham or Triangle property you're interested in is a wise investment takes some work. We'll need to figure what the average house in a given area sells for, as well as what the most desirable houses in that area are like and what they cost. Contact us today and we'll get started!

Some experts suggest that buyers who take this route try to find a "cosmetic fixer" that can be completely refurbished with paint, wallpaper, new floor and window coverings, landscaping and new appliances. You should avoid run-down houses that need major structural repairs. A house price that looks too good to be true probably is. A smart buyer will find out why before buying it.
The basic strategy for a fixer is to find the least desirable house in the most desirable neighborhood, and then decide if the expenses needed to bring the value of that property up to its full potential market value are within one's rehab budget.

Plenty of complimentary information is offered in terms of purchase, sale or investment in SW Durham North Carolina
real estate. To get comprehensive info about the SW Durham North Carolina real estate market including current
homes for sale, property values and more please visit the most complete website online dedicated to everything
SW Durham North Carolina real estate. I would be happy to answer your questions about real estate or mortgages.
I hope you will feel free to call me with any questions you may have. The best place to reach you is on my
mobile phone and here is the number. 919-641-3911 You can also send me an e-mail. willie.velez@gmail.com.

For a complete detail on everything on Durham North Carolina Real Estate visit our website at: http://FavoriteHomeRealty.com


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