Wikipedia defines a fixer-upper as a “real estate property that will require maintenance or work, though it can be usually lived in as is.” If you’re in love with old homes, the idea can be irresistible. Advantages: Purchase a home in a good neighborhood at a lower price Increase the net worth of your investment Here are our suggestions: 1. Do the math first. Add up the expected expenses of renovation, accurately reflecting the cost of materials and labor. Then subtract the expected value. Experts from the … [Read more...]
Big Bear Real Estate – The Skinny on Home Inspections
June 27, 2012 by Leave a Comment
Every Big Bear real estate purchase agreement should include a provision for a home inspection. The following list covers the basic elements that a home inspector will check. You can also use this list to help you evaluate properties you’re considering for purchase. Structure: A home’s structure impacts how the property stands up to weather, gravity, and the earth. Structural components, including the foundation and the framing, should be inspected. Exterior: Big Bear weather and sunlight can be tough on homes. The … [Read more...]
Big Bear Real Estate – Spring Maintenance Inspection Checklist
April 13, 2012 by 1 Comment
Big Bear winters may not be as harsh as other parts of the country but they can take their toll on your mountain home. Here are a few tips for getting your Big Bear property back in shape after the snow has melted away. Exterior Maintenance Inspection Grab a ladder and thoroughly inspect your roof for missing shingles and flashing. Pay special attention around chimneys and vents. Minor roof damage can quickly turn into major problems if left un-checked. Inspect gutters and downspouts to see that they haven't … [Read more...]
