Buyers will look for signs of neglect, such as plumbing leaks or roof damage, which suggest expensive future repairs.
Individuals or families who may not have the budget for a move-in ready home but have the skills or time to renovate a "fixer-upper" themselves. 3. Traditional Buyers (Standard Market) who buys old houses
Professional renovators who purchase distressed properties at a discount (often around 70% of the After Repaired Value, or ARV), fix them up, and resell them for a profit. Buyers will look for signs of neglect, such
Selling an Old House? Here's How to Get the Best Offer Fast! When selling an old house, your potential buyers
When selling an old house, your potential buyers typically fall into three main categories: real estate investors, restoration enthusiasts, and traditional budget-conscious homeowners. 1. Real Estate Investors & Cash Buyers
People who love original features like crown molding, clawfoot tubs, or hardwood floors that aren't found in modern builds.
This is the most common group for houses that require significant work. These buyers are often looking for properties to "flip" or turn into rentals.
