With the housing market in the slump now is the best time to become a homeowner. Whether it be buying new, buying old and remodel it or building from the ground up. The main thing is to move on now while the market is so down. In this section we will talk about existing homes to remodel. Right now is the best time to be the one on the buying end unlike in years past where it has been a seller's market. There are great deals out there for existing houses, make sure you have a qualified person check them structurally.
If there is nothing wrong with it structurally then just about anything can be fixed easily as long as the price you are getting the house is a steal. Say if you can buy a house that needs some work and a couple acres of land for say $50,000.00, you have to put another $10,000.00 in it but once your done that 60,000.00 house is worth $140,000.00 in a down market, what is it going to be worth when the market goes back to normal 180,000.00 or maybe even $200,000.00. What I am telling you is you can take something not that attractive and cheap and turn it into your dream home for very little, at the same time you already have equity for your children's college, your retirement, emergency you see what I mean.
