Explore the five key things to look for in a fixer-upper before you commit to a mortgage loan with AIB.
Five Things to Look for in a Fixer Upper
Applying for a mortgage is an exciting time and it can be hard not to get swept up by the value that a fixer-upper seems to offer. The characterful windows, the enchanting wooden floors… and the dodgy supporting wall that seems to be held up with chewing gum and good vibes.
Fixer-uppers are often love-at-first-sight, but when the site turns out to be shaky and the roof ran off with Ophelia, sometimes the heartache just isn’t worth it. Other times, however, with the right care, perseverance, a dose of stubbornness, and a keen eye for the bigger picture, a “well-loved” home could be an unbeatable investment.
If you’re wondering how to spot the difference between the two, here are five things you really need to look for in a fixer-upper.