To 'fixer-upper' or not? That's the question for many Americans in a pricey housing market

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Fixer-uppers are typically a way for first-time homebuyers to become owners – but more and more households are also considering the more affordable option.

'Do what I had to do'

Undeterred, she agreed to replace the heater and rip up the basement's damp old Berber carpet and got a credit back on her purchase."So, I got a new roof," said Zolomij, who works in forensic psychology to help get mentally ill violent offenders competent to stand trial."This house met my expectations, but I knew I would have to pay a little something to get it into shape."

But, due to supply chain issues, there was still a two-month backlog to do that, even after Zolomij paid extra to rush orders. Then the pipes broke on a new kitchen sink a contractor installed and began"leaking everywhere." "Twice in two months," she said, with a wry laugh." unbelievable!" Zolomij still wants to touch up the kitchen, and redo her outdoor deck as well as one of the bathrooms, in case her mother wants to move in someday.

 

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Too bad most fixer uppers are snatched immediately off market with all cash offers by real estate investors or contractors

If you choose a ‘fixer upper’ know it’s not a sprint but a marathon

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