How to cash in on fixer-upper real estate

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There are two types of houses. There are "pretty houses" in excellent condition. But there are also the "fix-up houses." The sellers of "pretty houses" usually expect to receive a top dollar sales price. Such houses can be great places to live, but they usually don't offer immediate profit potential. Purchase Bob Bruss reports online. However, sellers of "fix-up houses" are often grateful for any purchase offer. If the house is in very poor condition, mortgage lenders won't even finance the sale. Sellers of these "really bad" houses often have no choice but to help their buyers by financing the sale. WHAT IS A FIX-UP HOUSE? Some "fixer houses" just need minor cosmetic work. These can be great bargains if the asking price is substantially below that of comparable nearby homes in good condition. A cosmetic fix-up house usually just needs paint inside and outside (paint is the most profitable improvement), repairing, cleaning, new carpets or floor refinishing, new light fixtures, an...