{"id":52410,"date":"2015-06-04T22:02:28","date_gmt":"2015-06-04T22:02:28","guid":{"rendered":"https:\/\/www.movoto.com\/foundation\/?p=1145"},"modified":"2015-06-04T22:02:28","modified_gmt":"2015-06-04T22:02:28","slug":"should-you-buy-a-fixer-upper-home","status":"publish","type":"post","link":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/","title":{"rendered":"Should You Buy a Fixer-Upper? This Infographic Will Help You Decide"},"content":{"rendered":"<p>So, you\u2019re thinking about buying that fixer-upper and turning that &#8217;70s linoleum flooring and patchy roof into a <a href=\"https:\/\/www.movoto.com\/blog\/novelty-real-estate\/cinderellas-castle-for-sale\/\" target=\"_blank\" rel=\"noopener\">Cinderella story<\/a>? These tips will help you figure out if it\u2019s the right move before diving in.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Should You Buy A Fixer-Upper Home? This Infographic Will Help You Decide\" src=\"https:\/\/www.movoto.com\/foundation\/wp-content\/uploads\/2015\/06\/fixer-upper-infographic.jpg\" alt=\"guide-to-buying-fixer-upper-home-infographic\" width=\"600\" height=\"2409\" \/><\/p>\n<h3>Embed Infographic<\/h3>\n<p><textarea style=\"width: 587px; height: 110px;\">&lt;a href=&#8221;https:\/\/www.movoto.com\/foundation\/basics\/should-you-buy-a-fixer-upper-home\/&#8221; alt=&#8221;Should You Buy A Fixer-Upper Home? This Infographic Will Help You Decide&#8221;\/&gt;&lt;img alt=&#8221;Should You Buy A Fixer-Upper Home? This Infographic Will Help You Decide&#8221; src=&#8221;https:\/\/www.movoto.com\/foundation\/wp-content\/uploads\/2015\/06\/fixer-upper-infographic.jpg&#8221; title=&#8221;Should You Buy A Fixer-Upper Home? This Infographic Will Help You Decide&#8221; \/&gt;&lt;\/a&gt;<\/textarea><\/p>\n<p>Getting a deal on a house that needs some extensive T.L.C. can be a great investment\u2014but here\u2019s what you need to consider before taking the plunge.<\/p>\n<h2>Set Your Budget<\/h2>\n<p>Crunch the numbers and determine how much money you are able and willing to spend when all is said and done, factoring in property taxes, realtor fees, and all repair costs.<\/p>\n<h2>Consider the Location<\/h2>\n<p>The amount you can increase the home\u2019s value is limited by the neighborhood. Research the area\u2019s public schools, nearby businesses, and community amenities to gauge your potential gains.<\/p>\n<h2>Inspect the Property<\/h2>\n<p>Get permission from the seller to do your own inspection of the property. The price of the home plus the cost of repairs should not be greater than the market value of other homes in the neighborhood.<\/p>\n<p>Hire a professional! Find a home inspector who you can trust, and get a professional inspection of the home. Make sure it is someone who can provide references or point to positive reviews of their services.<\/p>\n<h2>Red Flags<\/h2>\n<ul>\n<li>A wet basement could mean foundation issues<\/li>\n<li>Old wiring, which can be a fire hazard<\/li>\n<li>Cracked or rotting windows<\/li>\n<li>Water damage on ceiling may point to roof issues<\/li>\n<li>Rust, leaks, or low pressure in plumbing<\/li>\n<\/ul>\n<h2>Investigate Loan Options<\/h2>\n<p>Conventional financing is not an option for most fixer-uppers, and having good credit is critical to making the long-term costs reasonable. Look into a FHA 203k loan and the Fannie Mae HomeStyle program, as well as other construction and renovation loans, to determine which is a best fit for your credit, budget, timeline, and renovation plans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So, you\u2019re thinking about buying that fixer-upper and turning that &#8217;70s linoleum flooring and patchy roof into a Cinderella story? These tips will help you figure out if it\u2019s the right move before diving in. Embed Infographic &lt;a href=&#8221;https:\/\/www.movoto.com\/foundation\/basics\/should-you-buy-a-fixer-upper-home\/&#8221; alt=&#8221;Should You Buy A Fixer-Upper Home? This Infographic Will Help You Decide&#8221;\/&gt;&lt;img alt=&#8221;Should You Buy A Fixer-Upper Home? This Infographic Will Help You Decide&#8221; src=&#8221;https:\/\/www.movoto.com\/foundation\/wp-content\/uploads\/2015\/06\/fixer-upper-infographic.jpg&#8221; title=&#8221;Should You Buy A Fixer-Upper Home? This Infographic Will Help You Decide&#8221; \/&gt;&lt;\/a&gt; Getting a deal on a house that needs some extensive T.L.C. can be a great investment\u2014but here\u2019s what you need to consider before [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":1146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[167],"tags":[],"class_list":["post-52410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-basics","post--single"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Should You Buy A Fixer Upper Home? This Infographic Will Help You Decide<\/title>\n<meta name=\"description\" content=\"Learn the risks and rules of thumb when investing in a fixer upper.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Should You Buy A Fixer Upper Home? This Infographic Will Help You Decide\" \/>\n<meta property=\"og:description\" content=\"Learn the risks and rules of thumb when investing in a fixer upper.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/\" \/>\n<meta property=\"og:site_name\" content=\"Movoto Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MovotoRealEstate\/\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-04T22:02:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Guest Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@movoto\" \/>\n<meta name=\"twitter:site\" content=\"@movoto\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Guest Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/\"},\"author\":{\"name\":\"Guest Author\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/20be178a6a266d29bd1faa04916b5685\"},\"headline\":\"Should You Buy a Fixer-Upper? This Infographic Will Help You Decide\",\"datePublished\":\"2015-06-04T22:02:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/\"},\"wordCount\":385,\"commentCount\":18,\"publisher\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg\",\"articleSection\":[\"Basics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/\",\"url\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/\",\"name\":\"Should You Buy A Fixer Upper Home? This Infographic Will Help You Decide\",\"isPartOf\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg\",\"datePublished\":\"2015-06-04T22:02:28+00:00\",\"description\":\"Learn the risks and rules of thumb when investing in a fixer upper.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#primaryimage\",\"url\":\"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg\",\"contentUrl\":\"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg\",\"width\":400,\"height\":300},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.movoto.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Should You Buy a Fixer-Upper? This Infographic Will Help You Decide\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#website\",\"url\":\"https:\/\/www.movoto.com\/blog\/\",\"name\":\"Movoto Blog\",\"description\":\"Jump-start your real estate journey with expert guidance\",\"publisher\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.movoto.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#organization\",\"name\":\"Movoto by OJO\",\"url\":\"https:\/\/www.movoto.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/movoto.kinsta.cloud\/wp-content\/uploads\/2022\/04\/movoto-by-ojo-blog.png\",\"contentUrl\":\"https:\/\/movoto.kinsta.cloud\/wp-content\/uploads\/2022\/04\/movoto-by-ojo-blog.png\",\"width\":220,\"height\":100,\"caption\":\"Movoto by OJO\"},\"image\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/MovotoRealEstate\/\",\"https:\/\/x.com\/movoto\",\"https:\/\/www.instagram.com\/movotorealestate\/\",\"https:\/\/www.linkedin.com\/company\/movoto\",\"https:\/\/www.pinterest.com\/movoto\/\",\"https:\/\/www.youtube.com\/user\/movotorealestate\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/20be178a6a266d29bd1faa04916b5685\",\"name\":\"Guest Author\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/22874d8dab56f722d1bcefc2fce6e335a3adfda2d634b595be18f74ed77fcaf3?s=96&d=monsterid&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/22874d8dab56f722d1bcefc2fce6e335a3adfda2d634b595be18f74ed77fcaf3?s=96&d=monsterid&r=g\",\"caption\":\"Guest Author\"},\"url\":\"https:\/\/www.movoto.com\/blog\/author\/movotomarketing\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Should You Buy A Fixer Upper Home? This Infographic Will Help You Decide","description":"Learn the risks and rules of thumb when investing in a fixer upper.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/","og_locale":"en_US","og_type":"article","og_title":"Should You Buy A Fixer Upper Home? This Infographic Will Help You Decide","og_description":"Learn the risks and rules of thumb when investing in a fixer upper.","og_url":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/","og_site_name":"Movoto Blog","article_publisher":"https:\/\/www.facebook.com\/MovotoRealEstate\/","article_published_time":"2015-06-04T22:02:28+00:00","og_image":[{"width":400,"height":300,"url":"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg","type":"image\/jpeg"}],"author":"Guest Author","twitter_card":"summary_large_image","twitter_creator":"@movoto","twitter_site":"@movoto","twitter_misc":{"Written by":"Guest Author","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#article","isPartOf":{"@id":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/"},"author":{"name":"Guest Author","@id":"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/20be178a6a266d29bd1faa04916b5685"},"headline":"Should You Buy a Fixer-Upper? This Infographic Will Help You Decide","datePublished":"2015-06-04T22:02:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/"},"wordCount":385,"commentCount":18,"publisher":{"@id":"https:\/\/www.movoto.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#primaryimage"},"thumbnailUrl":"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg","articleSection":["Basics"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/","url":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/","name":"Should You Buy A Fixer Upper Home? This Infographic Will Help You Decide","isPartOf":{"@id":"https:\/\/www.movoto.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#primaryimage"},"image":{"@id":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#primaryimage"},"thumbnailUrl":"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg","datePublished":"2015-06-04T22:02:28+00:00","description":"Learn the risks and rules of thumb when investing in a fixer upper.","breadcrumb":{"@id":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#primaryimage","url":"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg","contentUrl":"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg","width":400,"height":300},{"@type":"BreadcrumbList","@id":"https:\/\/www.movoto.com\/blog\/should-you-buy-a-fixer-upper-home\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.movoto.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Should You Buy a Fixer-Upper? This Infographic Will Help You Decide"}]},{"@type":"WebSite","@id":"https:\/\/www.movoto.com\/blog\/#website","url":"https:\/\/www.movoto.com\/blog\/","name":"Movoto Blog","description":"Jump-start your real estate journey with expert guidance","publisher":{"@id":"https:\/\/www.movoto.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.movoto.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.movoto.com\/blog\/#organization","name":"Movoto by OJO","url":"https:\/\/www.movoto.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.movoto.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/movoto.kinsta.cloud\/wp-content\/uploads\/2022\/04\/movoto-by-ojo-blog.png","contentUrl":"https:\/\/movoto.kinsta.cloud\/wp-content\/uploads\/2022\/04\/movoto-by-ojo-blog.png","width":220,"height":100,"caption":"Movoto by OJO"},"image":{"@id":"https:\/\/www.movoto.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/MovotoRealEstate\/","https:\/\/x.com\/movoto","https:\/\/www.instagram.com\/movotorealestate\/","https:\/\/www.linkedin.com\/company\/movoto","https:\/\/www.pinterest.com\/movoto\/","https:\/\/www.youtube.com\/user\/movotorealestate"]},{"@type":"Person","@id":"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/20be178a6a266d29bd1faa04916b5685","name":"Guest Author","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/22874d8dab56f722d1bcefc2fce6e335a3adfda2d634b595be18f74ed77fcaf3?s=96&d=monsterid&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22874d8dab56f722d1bcefc2fce6e335a3adfda2d634b595be18f74ed77fcaf3?s=96&d=monsterid&r=g","caption":"Guest Author"},"url":"https:\/\/www.movoto.com\/blog\/author\/movotomarketing\/"}]}},"featured_media_src_url":"https:\/\/www.movoto.com\/blog\/wp-content\/uploads\/2011\/04\/blenheim_165.jpg","_links":{"self":[{"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/posts\/52410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/comments?post=52410"}],"version-history":[{"count":0,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/posts\/52410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/media\/1146"}],"wp:attachment":[{"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/media?parent=52410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/categories?post=52410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/tags?post=52410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}