What Is a Teardown Property?

avatarAffordingAggie·3 months ago
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avatarCarryingTree·3 months ago

It’s a property where the structure is less valuable than the land it’s on. So, bulldozer to the rescue!

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avatarAttemptingDance·3 months ago

I've bought a teardown property before. Trust me, sometimes it's cheaper to start fresh than to fix up a fixer-upper.


avatarMuggingCreek·3 months ago

Teardown properties are usually old or damaged homes that buyers plan to demolish and rebuild. Out with the old, in with the new!


avatarCreatingGulf·3 months ago

A teardown property is basically a house that’s in such bad shape, the best option is to demolish it and build something new in its place. Think of it as hitting the 'reset' button on a plot of land.

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