Julia Vakulenko

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SUN CITY CENTER, FL

343 SIENA VISTA PL, SUN CITY CENTER listing
  • $269,999
  • 2 Beds
  • 2 Baths
  • 1,966 Sq.Ft.

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MLS# U7808624

, Master Bedroom & hallway to 2nd bedroom. *Roomy 2nd bedroom also has the Jeld-wen storm & tinted windows. *Extra features – 4 newer ceiling fans, Water softener system, New Carrier AC system with vents in lanai (June 2016). *Located close to...
Visit this property in CLEARWATER: 3167 LANDMARK DR #823, CLEARWATER

MLS# A4178493

This Heritage Harbour golf community has golf, community pools, tennis, volleyball, fitness, social activities, restaurant /bar. The owners have added crown molding a great wall mirror, built ins for all your electronics,the electric for enlarging...
Visit this property in BRADENTON: 215 FAIRWAY ISLES LN, BRADENTON

MLS# U7808688

Laminate & carpet floors. Dining room & liv room. Large fenced yard with alley access for RV & boat parking, and room to expand this home. Central A/C and Heat.
Visit this property in ST PETERSBURG: 4128 12TH AVE N, ST PETERSBURG

MLS# N5911852

The carport is extra long so parking is plentiful too. Guest bedroom has direct access to the guest bathroom for privacy. Laundry is located inside the home for convenience. Call today to see this great home.
Visit this property in NORTH PORT: 149 SEAWARD WAY, NORTH PORT


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Tampa Fixer Uppers

When you are considering the purchase of a fixer-upper, it is really a game of buyer beware. If you do not know exactly what you are getting into before you buy one of these properties, you could easily be getting yourself in over your head. But with organization and planning, you can make a profit by purchasing fixer-uppers, making all the necessary repairs, and reselling the property.

While there is a good business in fixer-uppers, not everyone can get the easy money that the thought of this type of property has promised. It is actually extremely risky to buy one of these homes thinking you could do just a little work and resell fast. Sometimes though, there are hidden problems that could be damage to the structure or other major work. Some cases, the house cannot be fixed at all for profit.

A savvy shopper for a fixer-upper will know to buy the least desirable home in the best neighborhood. Then the buyer will be able to calculate the cost that will bring the home to its full value potential. It is important to the research the market thoroughly before an offer is presented. Buyers never want to waste their money on house payments to carry the property for longer than they have to. Plan to sell under market value if necessary.

Another good tip is to stay within a budget. If you go overboard, you will never see the return in the sale price. The highest returns come for kitchen and bathroom updates. For first time buyers, it may be a good idea to purchase a home that only needs cosmetic repairs.

Before you get into anything, the most important thing to know it what needs to be fixed. An inspection is crucial to choosing what property to buy. It is worth the money in the end because then you will know exactly what you are getting in to.

Watch the price on the property. If you are buying a fixer-upper, be careful not to overpay. You will want to know the budget for the improvement and selling costs before you shop for a house so that you can determine how much profit you can make from the sale after the repairs. Paying too much for the property will only cut into the profits. Curb appeal, painting, and landscaping should be the first improvements made to get an instant impact.

A fixer-upper can be a great opportunity for a first-time home buyer. It is an even better deal when the person who purchased the property can live in the house while they are working on it. It is also better if they can do the work themselves, but they must know how to do it, otherwise the return won’t be there. And if the buyer lives in the home for at least two years, they can avoid paying income taxes on their profits in some cases. This is a way to ease the risk of buying this type of house.

 

The Home Buying Process:

 

Types of Resale in Today's Market:

 

Taxes, CDD, HOA, and Homestead:

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