The real estate market in Chattanooga has changed a bit over this last year. We’ve gone from historically low interest rates and houses selling within hours back to what was considered a “normal” market. With interest rates around 6%-7%, getting approved to purchase a home has become a little more expensive which can make it harder for a first time home buyer. One of the best ways for a first time home buyer and even an investor is buying a home that needs updates. Buying a fixer-upper can be a great way to get into the real estate market and potentially build equity while customizing your home to your preferences. However, it's essential to approach this type of investment with mindfulness and a well-thought-out plan. We’ve put together a plan to…
