Orange County Fixer Uppers
'Buyer Beware' when considering the purchase of a fixer-upper. Buyers really need to know exactly what they are getting into before buying one of these properties. For many first-time home buyers, purchasing a fixer-upper can be a great opportunity, especially if they can live in the house while working on it, and better yet if they can do the work themselves. It makes for a less risky investment.
The belief that fixer-uppers represent easy money is not always the case. In fact, it can be quite risky buying one of these homes, doing a little work, and then trying to quickly resell for a large profit. Properties with damages to their structure, or an undesirable floor plan that requires major work, may not be able to be fixed up for a profit at all. Read more about fixer uppers.
| Brea Fixer Uppers | Fullerton Fixer Uppers | Placentia Fixer Uppers |
| Yorba Linda Fixer Uppers | La Habra Fixer Uppers | Anaheim Fixer Uppers |
| Anaheim Hills Fixer Uppers |
These are the homes for sale in Brea, Fullerton, Placentia, Yorba Linda, La Habra, Anaheim Hills, and Anaheim, that are described as fixer uppers on Orange County's SOCAL MLS. They could have major structual damage or just need cosmetic repairs.
48 Search Results Found. Showing Results 1 - 15.
MLS# P663568
MLS# P649040
MLS# P652291
MLS# P646627
MLS# R807414
MLS# P647151
MLS# P655623
MLS# P650039
MLS# P651876
MLS# P647420
MLS# S548858
MLS# P664879
MLS# P665311
MLS# P626361
MLS# P639853
The information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS and/or CRISNet Regional MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Copyright, SoCalMLS© - Copyright, CRISNet Regional MLS©
Data last updated 2008-11-21 11:10:52
Purchasing A Fixer Upper
With proper planning, good profits can be made by purchasing properties that need fixing, making repairs, and then reselling. Without proper planning, a lot of money can be lost.
Part of a good plan is to find the least desirable home in the best neighborhood. Then, calculate the cost to bring the home to its full potential value. It's very important before making an offer to make sure that the resale market has been researched. A buyer does not want to get caught with an extra house payment for too long. It might be best to be ready to sell the home for under market value. Plan for it.
Be careful to not overpay for the property. Calculate improvement costs, selling costs, and how much profit is expected to be gained from the sale. Paying too much for the home will doom plans for quick profits. Work on things that make an instant impact on curb appeal, such as painting, landscaping, and removing debris. The best bet is to purchase homes that have only cosmetic problems like a trashy yard, bad carpet, peeling paint, and wallpaper all over the place. Fixing and cleaning cosmetic issues are usually inexpensive and easy.
Stay within a budget and don't go overboard, as it's not good to over improve. The highest paybacks can come from updating kitchens and baths. For the inexperienced investor, it may be best to find homes that only need cosmetic fixes and not major structural repairs.
The most important thing is to know what needs to be fixed. Always have an inspection performed by a home inspector before buying any property. It is well worth the money. I recommend this even to people that work in the construction industry.
