Fixer-upper

A fixer-upper is a house that needs a lot of repair work. Because they need maintenance, fixer-upper homes usually sell for less than a home that's in better repair or a new home. People often buy a fixer-upper when they enjoy do it yourself projects and want to buy the home as an investment. Once a fixer-upper has been fixed it can sometimes sell for a higher value than the home buyer bought it for.

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Rehab Home Or Sell To Developer?

Added January 19, 2009 by Ilyce R. Glink

A son has inherited his parent's dated home and is torn between fixing it up or selling it cheaply to a developer. Fixing up the home could turn a large profit. But selling the home to a developer could save the son time and heartache.

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Home Renovation: Expect The Unexpected

January 26, 2009

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Summary:

In home renovation and home remodeling, anything can go wrong. With major work, you could have 40 or 50 people involved in the job. Absolutely anything could happen. A good recommendation is to set aside up to 10 percent of the budget to deal with unexpected problems or if you decide to splurge on…

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