Buying a Turnkey Home vs. One That Needs Work
Most buyers today have a specific home in mind when they start their search: a move-in ready property complete with newly installed flooring, an upgraded kitchen, etc. Naturally, when a home like that comes on to the market, a multiple-offer situation will ensue. If you’re not excited about the idea of involving yourself in one of these, one alternative is to look for a home that matches your desired floor plan but requires a little work. You’ll have virtually no competition, you’ll be able to create some sweat equity, and you’ll have a financing option that covers renovations. To learn more, click here!