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Thinking About Buying a Fixer Upper Here is What You Need to Know

May 7, 2025 | Uncategorized

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With all of the home renovation and fixer-upper shows on television, the idea of completely renovating and re-doing an old home can seem like an enticing premise. Unfortunately, investing in the wrong fixer-upper can mean an awful lot of expenditure without the added financial rewards. Whether you’re considering investing down the road or are ready to dive in, here are a few things to consider first.

How Much Do You Want To Spend?

It’s easy to be swept away by possibility, but before making an offer you’ll need to sit down and determine exactly what you’re willing to invest into upgrades for your fixer-upper. By deciding what you would want to renovate, what the cost of materials and labor would be and how this figures into the market price of the home, you’ll be able to determine if the price you’re offering will be worth it.

Are Major Repairs Required?

It’s one thing to consider a nice paint job and new tiling in the kitchen, but if there are serious issues with the home, it can create huge financial issues to put money into it. Because foundational issues or water damage throughout the home can be expensive items to repair and will take time and resources, fixing these issues may cost more than the money you’ll make. If you’re uncertain about what you’re getting into, it may be a wise decision to bypass the investment all together.

Are You Willing To Work?

Most home fixer-uppers that people buy can be financially lucrative because the buyer is interested in doing a lot of the work themselves. However, if you’re thinking of hiring people to do the work for you, this can end up costing a lot more money and eating any profits the renovations might have created. It’s also important to realize that renovations can go over budget. Instead of being idealistic about a fixer-upper, ensure you’re certain it’s what you really want so that you’re not stuck with a home you don’t want to invest your efforts into.

The idea of digging in and getting your hands dirty with purchasing a fixer-upper may be endearing, but if you’re not truly prepared for the responsibilities it can be a drain on your time and your finances.

If you are considering selling your home, be sure to contact us at (480) 582-5050 or email us at info@webuyhomescash.com so we can provide you with a Fair Cash Offer on your Maricopa County house.

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  • Michael G. SLC, UT

    We had made a move out west from North Carolina for business reasons, and we did not have time to finish some upgrades such as new carpet, fixing a small area of mold in one of the bathrooms, and some painting.  We had selected an investor in NC who advertised quick closings, all cash for as-is homes.  They backed out of the deal at the last minute, and we had a home under construction in Utah.


    We called We Buy Homes for Cash, and they were wonderful.  Blake, Mason and Bryan made the whole process smooth and stress free.  We were able to close in about two weeks.

    We are about to close on our new home in Utah.  This would not have been possible without their professional and personable service.  I highly recommend We Buy Homes for Cash.

  • Robbie Khalil

    I had been wanting to sell my house for several months but every realtor I talked to needed me to clean up my house and I have 30 years worth of stuff here.  I was not able to get rid of my stuff or pack it all away.  My home also needed some repairs like the roof and some plumbing stuff.  I called We Buy Homes Cash and the experience was amazing.  They gave me $2,000 up front so I could buy the moving supplies I needed to pack.  Then they let me stay in the house for 2 weeks after they closed.  This was so helpful.  Thank you so much Tyson and all the others that helped me make my move to Ohio possible.

  • David Moore

    If you're looking to sell your home, I can't think of a more reputable and fair team to work with.  Tyson and his team went above and beyond to make sure they understood the process of working with a cash buyer went.  The process was very smooth and painless and I am sincerely thankful for their services.

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