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There are two problems with thoroughly fixing up a property to sell it:

1) You lay out a lot of cash

2) You pay more in real estate commissions.

The alternative is to do the necessary minimum in fixups and to price the property cheaper.

My theory is that there is a significant slice of the buying market that would prefer a cheaper price and an opportunity to put their own sweat equity into the property. They also get to customize their new home the way THEY prefer.

That SEEMS like it ought to have an appeal.

Seattle Pioneer
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