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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Funny- I managed to find an unrenovated house.[/quote]

So did we in a neighbourhood with lots of teardowns bought by builders.  [/quote]

when?? and where??[/quote]

Generally the key is to buy something with a fundamental fault that can't be fixed. Like it's on a busy street, funny shaped lot, but Hills. The builders don't want to deal with that, you can never beat a builder for a truly good property because they come with cash to pay more and no contingency  because  they can cut the margins elsewhere for nice profit.  They need a pipeline of work to keep their crew on payroll and keep their subs happy.[/quote]

Yes, it's true, some properties are too much work for a builder wanting to turn a quick profit by clearing a flat lot and building a generic house. We bought an irregular hilly lot, which wasn't too desirable for a profit builder.  We love it though, because it's beautiful and we have views, but the custom build it requires will be more expensive. We don't need 6000sq.ft though, so we are happy with our remodel.[/quote]

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