Imagine finding a charming older home in your dream neighborhood for $50,000 less than everything else on the market. It has great bones, a solid location, and just needs "a little work."
Here's what nobody tells you: That "little work" might mean living without a functioning kitchen for three months. Your $15,000 bathroom remodel could balloon to $25,000 when you discover rotted joists. Those weekends that you planned to spend relaxing may be spent at a hardware store instead.
The right fixer-upper can be a smart investment. But you'll only find it if you know exactly what you're getting into. This guide shows you the real costs, timelines, and challenges of buying a house that needs work so that you can decide if it's right for you.
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