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Updated over 4 years ago on . Most recent reply

Peter Korty's profile image
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Peter Korty
  • Member since Jan 27, 2020
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Peter Korty's profile image
Peter Korty's profile image
Peter Korty
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Peter Korty
20
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63
Posts
Buying & Selling Real Estate

Would you buy a house that has significant fire damage?

Peter Korty
Posted

Hi BP Community,

Would you buy a house that has significant fire damage? I found one on Zillow today for $19,500 FSBO. Mostly curious is all.

Thanks for the help!

  • Peter Korty
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    Lesley Resnick's profile image
    Lesley Resnick's profile image
    Lesley Resnick
    • Real Estate Agent
    • from Jacksonville, FL
    • Member since Jul 9, 2015
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    Lesley Resnick's profile image
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    Lesley Resnick
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    • from Jacksonville, FL
    • Member since Jul 9, 2015
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    Lesley Resnick
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    • Jacksonville, FL
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    Lesley Resnick
    • Real Estate Agent
    • Jacksonville, FL
    Replied

    I buy and reno fire houses and have made money doing it.  I do not recommend it for a first project.  It is a skill and requires a greater understanding of renovation than doing a smaller renovation.

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