There's a certain handy family based in Waco, Texas who has taken the home improvement industry by storm with their amazing transformations. After streaming a few old episodes, you'll probably be itching to start a project too!
Fixer-uppers used to be reserved for the bravest home buyers. Today, almost everyone wants in on the action! If you're searching Kew Gardens homes for sale for a property that needs a little love, you're in luck. There are plenty of fixer-uppers on the market in this established neighborhood.
The next step: deciding if a fixer-upper is right for you. Before you dust off your hammer and nails, here's a list of fixer-upper facts to consider:
- Crunch the numbers. You started your search for Kew Gardens homes for sale with a budget. When you buy a fixer-upper, costs don't stop at closing. Factor the renovation costs into your housing budget to make sure that you don't get stuck with an unfinished project.
- You might qualify for a special mortgage to finance your renovations. Fannie Mae's HomeStyle® Renovation loan and the FHA 203k Rehabilitation loan are two mortgage options that might soften the blow of financing your fixer-upper. If you're considering Kew Gardens homes for sale, talk to a mortgage broker to see if you're eligible for these programs.
- Expect the unexpected. When you finally hold the keys to your fixer-upper, you'll probably have a prioritized list of renovations you plan to complete. If you're super-savvy, you'll set aside extra funds for the unplanned. Sketchy wiring, water damage and foundation concerns are common surprises that are uncovered while rehabbing a home.
- All fixer-uppers require your time. Even if you hire out 100% of the work, you'll still find yourself investing your time in making decisions and supervising contractors. Before you buy, make sure that you're willing to make the sacrifices to reap the rewards.
As you explore Kew Gardens homes for sale, you'll see many diamonds in the rough. Make them shine! Get in touch with Kew Gardens Realty today to learn more about available fixer-uppers in the neighborhood.
Contact us at 718-997-6000 or email us here for more information.
