In a nutshell:
A fixer is property that needs minor to major repairs, but is usually in livable condition.
- Fixers tend to be lower priced and less competitive in the market because they involve a greater investment than properties that require very minimal repairs.
- Fixers typically do not qualify for conventional financing.
How do I know if a property is a fixer?
Our system recognizes keywords in a property's description to tag properties as fixers. If a property is a fixer, it will be labeled as such underneath the property address.