Real Estate with #bettercallbob - 01701639

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 ...

If you're a potential buyer in the real estate market, you may wonder, "Should I buy a condo?" Condominiums are generally less costly to purchase than houses or townhouses, and they can offer conveniences you might not otherwise be able to afford. In fact, some buyers who are priced out of single-family homes in high-priced markets may qualify only for mortgage loans on condos or co-ops. Condominiums can be a good investment, especially if they allow you as a buyer to enter the real estate market. Qualifying for financing is much the same as getting a mortgage for a single-family home. If you are purchasing condos as investment properties, you should be able to find a lender as well. Yet there are caveats to condominium ownership. Here are five things to think about before you take the plunge. You don’t own the land A condo building is a building or complex consisting of multiple apartments that are individually owned. The entire building is owned by an individ...