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Giving consumers a reality check about buying fixer upper properties

Helping consumers make decisions

Hand holding is common in the real estate practice, and helping make small and large decisions comes with the territory. A rising trend in real estate buying leans toward fixer uppers or handyman specials.

This trend began with the DIY invasion on cable tv channels and is now fueled by the low prices of foreclosure listings that need some tender loving care by an investor or buyer.

CreditSesame.com put together a flowchart to help consumers decide whether or not they are cut out for do-it-yourself purchase. The flowchart appears to be a little tongue-in-cheek and would probably be better made by a real estate insider, but it gets people thinking beyond the glitz and glamour shown on tv.

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41 Comments

41 Comments

  1. Liz Benitez

    August 5, 2011 at 11:45 am

    This is great. Thanks for sharing.

  2. Manhattan Beach Agent

    August 6, 2011 at 1:16 pm

    Funny cartoon, but it's a great message! This is particularly true with all of the distressed inventory flooding certain markets around the country. I've seen too many properties that look like fixer-upper opportunities that end up coming with far more problems and required investment than first thought.

    My recommendation to home buyers is to make sure you consult with a competent general contractor every step of the process!

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