Fixer upper homes for sale North Carolina Handyman special
So what is a fixer-upper home for sale in North Carolina? Often these are called TLC homes or handyman specials. They are the frequent target of investors or flippers who hope to buy a home at a significant below market value and then fixes it up and sell it within a year for full price and make a quick profit for a percentage such as 30%. So what constitutes a fixer-upper? Well it has a wide spectrum of variables involved. Often it just needs new floors, new paint, new countertops, new carpets…that kind of thing. Sometimes though it is much more intense such as needing an entirely new kitchen and new cabinets and a new roof and perhaps some flooring or structural issue of some sort that needs to be addressed. Oftentimes though these homes are not priced at the appropriate level and they languish for six months before the owner finally brings the price down to make it attractive for an investor to go through the process of fixing it up.
Now flips homes that were fixed up in the last year or two and then resold are a great opportunity for buyers in the marketplace. I like to say it’s sort of like getting a new home for a regular resale price– a great value. It also means that the new owner will not have to make many repairs often for some time just as if they had gotten a new home. Home Inspection are still important to do on these homes to make sure nothing consequential was left unrepaired. Here you can find all the North Carolina fixer uppers, handyman specials and TLC homes for sale in North Carolina including by each City such as Wilmington, Oak Island, Holden Beach, Kure Beach, North Topsail Beach Surf City, Hampstead and Leland.