By KC Petraitis
We’ve all heard the horror stories. You know, the one about the couple who purchased their dream home only to find it a complete money pit? If you’re like most first-time home-buyers, your house-hunting decision may come down to two options – the beautifully built modern or renovated home that is way outside your price range, or the moderately priced fixer-upper that will take a lot of additional money and sweat equity to make it your dream home. Although buying a fixer-upper sounds like a fun project (They make it look so easy on TV!), there are many potential pitfalls and hidden costs that can be daunting, especially for first-time homeowners.
At the Cuyahoga Land Bank, we offer homes for sale that offer the best of both worlds. Our recently renovated homes have modern amenities like granite countertops and restored hardwood floors, updated kitchens and baths, and updated major systems, including plumbing, electrical, heating and cooling, roofing and foundation. These homes are truly move-in ready, let you enjoy the comforts of your new home as soon as you purchase it, and best of all, you don’t have to worry about hidden costs lurking behind the sink and under the floorboards.
How does the Cuyahoga Land Bank do it? We acquire foreclosed on and abandoned properties and take care to renovate them up to and beyond current housing quality standards and return them to productive use. Because we acquire these properties for little or no cost, we can offer affordable home-ownership opportunities ideal for first-time homeowners. Buying directly from the Cuyahoga Land Bank may also mean savings on realtor fees and closing costs.
If you’re considering buying your first home, why not opt for a Cuyahoga County Land Bank move-in ready home? Check out the many recently rehabilitated homes available for sale throughout Northeast Ohio.
KC Petraitis is the Real Estate Officer with the Cuyahoga Land Bank.