Homebuyers and real estate investors who are willing to purchase a home in need of repair may find less competition and thus be able to buy at a lower price point in some markets around the country. A RealtyTrac analysis showed that
there are more than 51,000 potential foreclosure fixer-uppers:
that were built before 1960 and with an estimated market value below
$100,000. RealtyTrac Vice President Daren Blomquist discusses the top 15 cities
for fixer-uppers, along with an in-studio interview with staff writer Octavio Nuiry regarding his story on seven tips
to finding, financing and fixing these properties.