What You Need to Know Before Buying a Fixer-Upper
Foreclosures were an option for Breanna Irish since she was strapped for cash at her house purchase. Even though she came across an ancient house that had been gutted, she wasn't deterred. Irish, a wealthy Confidence owner and financial adviser who acquired her property in Riverside in 2009, says, "You name everything, [the previous owners] stole it." Even though we were left with an unlivable wreck, the bank threw in $18,000 in repairs to help us be approved for a loan despite our reduced asking price of $27,000.