Fixer Upper vs. Move-In Ready: Which One Is Right For You?
When it comes to buying real estate, you want to make sure the property you purchase is the right fit for your needs. For some buyers, purchasing a home that needs some work is the ideal situation. For others, getting a turnkey home that’s move-in ready is the only option they’ll consider. And for still others, both seem like reasonable options. The question is: which is for you? There are pros and cons to both fixer uppers and move-in ready homes. The important thing is to recognize which is the best fit for you, your budget, and what you want out of a home. Let’s take a look at the pros and cons of fixer uppers and move-in ready homes to help you determine which is the better fit for you: Fixer uppers: Fixer uppers are, as the name implies, homes that need a bit of TLC – or fixing up – upon move in. Pros: Discounted price The major draw of fixer uppers is the price. Since they need work, you can typically get a fixer upper at a fraction of the cost ...