Here is how to buy a house in the coming collapse: wait patiently for a beat up boring suburban house being sold by a couple that are divorcing and where their bitter teenage children have punched holes in the walls and the home owners are too fed up to fix the holes, let alone paint or clean the carpets. Make an offer for that house, contingent on inspection, and make sure you have a decent lawyer because the house may have liens against it for work that remained unpaid as the former owner's lives fell apart. Then fix it up as you like. The problems are all cosmetic but they will be a total turn off to 99% of buyers. Once you've fixed it up, it will feel like home and you'll love it. Brutal reality.
No comments:
Post a Comment