🏠💰 Eyeing that “great deal” home by the highway entrance? Let's talk about it.
✅ Resale Considerations: Houses near highway entrances or exits often appreciate slower than others, which can impact future sales and equity appreciation.
🔍 The Money Test: Here's a handy rule of thumb – if you can 'throw money at it' and fix the issue, it's not a deal-breaker. Minor concerns like interior updates or square footage can be solved, but unchangeable factors like location or school district are 'fatal flaws.'
In a nutshell, if you can invest in the property and enhance its appeal, it could be a smart choice. But if you're stuck with something you can't change, like the location, it might not be the best investment. 🛣️💭 Move on to the next house.
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☀️🌴 Looking to Buy, Sell or Invest in California? ☀️🌴 ➡️ DM, text or call 650-605-3188