Added: Perry Chaudhry - Date: 23.10.2021 16:23 - Views: 36739 - Clicks: 2597
And that, of course, could jack up your spending on what might initially appear to be a bargain home.
More than likely, your TLC fixer-upper will need more than one repair done. A larger house, or one that shows s of serious wear, may need even more expensive TLC. Not everyone should buy a TLC, or fixer, home. All of the repairs on TLC homes typically take at least twice as long and cost twice as much as you hope. If you can barely afford to buy the home, let alone apply that tender, loving care, consider passing on a TLC sale. Some houses need more tough love than tender, loving care. Simply saying a house needs TLC in the listing does not mean it meets the definition of being sold as is, or change the legalities of hidden defects or other issues with a house.
Why would anyone want a TLC house if it comes with all of that hassle?
Because with tender, loving care, these ugly ducklings can be bargains. That way, you can assess the damage before you commit to buying a TLC house that you may or may not learn to love. Clare Trapasso is the deputy news editor of Realtor. She also taught journalism courses at several New York City colleges and obtained a real estate.
Contact her at clare. Twitter Follow claretrap.
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What Does ‘TLC’ Mean in a Listing? You’d Better Take Care