For those who have the experience and the free-spending capital, a fixer-upper can be a great investment. The concept is relatively simple you purchase an older run-down home and then fix it up. However, finding these homes is not always and being in Lewisville (like us) it can be difficult to find these homes. However, I am going to share with you 5 ways to find a fixer-upper right here in Lewisville.
1. Contact A Realtor Like Carducci Realty Group
One of the easiest ways to find a home is to simply try contacting a realty company. Realtors are a great way of finding homes relatively quickly. If you’re new to the market they can provide you with a wealth of knowledge on the general availability of homes in the area. Many times fixer-uppers are owned by someone who no longer occupies the residency and lives elsewhere. Therefore, it’s easy to just call around and see if someone has one of these homes available.
The best thing is this can give you a wide array of options, for you to go and look at while also getting useful information. The advantage here is that you can learn tidbits of information whether the owner is interested in selling quickly, or if the price is negotiable.
2. Ask Around (Facebook Groups Are A Big One)
An interesting trend that has started coming up is people are starting to try and sell homes through social media channels. While this is used mostly in a promotional sense it’s a great way to look at what’s available. Those who are listing homes on social media tend to be more upfront about potential costs/issues with the property and it’s easy to contact them. If you’re just looking for general information most cities (including Lewisville, Texas) have a Facebook Group composed of local residents. Join the page and ask if anyone has seen anything, or sit and watch as homes are likely to come up in the feed all the time.
The advantage of this method is you can get a lot of quick information from a large number of sources with minimal effort. However, you would be making use of a Facebook profile which can get a little too personal when looking for a fixer-upper to check out. This is certainly worth checking out though (especially when trying to learn about potential neighborhoods).
3. Online Listings
Online listings are huge in Lewisville, you can go to any number of online sites whether it’s Zillow, homes.com or wherever you can certainly learn a lot about a potential location. The advantage to using websites like these is you tend to get a lot more technical information about the home and the surrounding area. One key piece of information that you will learn is the age of the home, older homes tend to have more debt in the form of upkeep, therefore you can figure out whether the home was built after a certain troubled period.
You can also learn a bit about the history of a home whether or not it was foreclosed on, what was the reason for foreclosure, and how many previous occupants it has had. Online listings are great for learning deeper knowledge of a location at a glance but not all local listings are on there. So it’s great to always check with a local realtor for homes in your area.
If you’re looking for a home in the area it’s always best to contact a certified realtor such as ourselves to get the latest information for potential listings in the areas. If you’re looking to get more general information though whether it’s about the community or the specific area there are many great resources online to find this information.