You have found an incredible house with a wrap-around porch that you really love. Finding the Right Home is not always easy. The problem is that the house needs a lot of work. The yard is in shambles, the bathrooms are moldy, paint is peeling, and the carpet and tile floors need to be replaced. Even so, you think that it will be possible to transform the property!
The reality of many home purchases in Sonoma County is that we have an aging inventory and not a lot of it on the market. If you find seventy five percent of what you want in a home you may have found the right place for you.
Renovating a home that needs cosmetic repairs can be rewarding. If you choose the house carefully and understand what you are getting into. You should ensure that the property is structurally sound and in a good location. Before you commit to the sale, it is a good idea to have a remodeling contractor look at the house. Get several estimates on what it will cost to do the work. A major renovation is easier when you work with a reliable contractor, but it still involves a lot of time, expense, and disorder.
Talk to several lenders about financing the project and make sure that you can handle the cost of the house, plus the improvements you want to make. If everything seems feasible, then go for it!
Bob Santucci is a Sonoma County Realtor. Call your local Realtor at 707-888-9115. References available upon request.