Rehabbed home ready for owner
http://www.startribune.com/local/north/53302377.html?page=1&c=y
In the city's of Coon Rapids and Brooklyn Park are re-doing many foreclosed homes. They are giving house's a "$60,000 face lift." With one house done, selling in only one week for the asking price, they are looking for their next house to fix up. As of now there are 695 unoccupied house that are sitting. It was 800 before other non profit contractors started fixing foreclosures. This fairly new state program is a great way to make neighborhoods look presentable. It also gives buyers more of a choice of getting the right house.
This was new information as I didn't know about the new state program where they're fixing up foreclosed homes and improving the neighborhoods.
ReplyDeleteAre the 695 unoccupied houses in the Twin Cities, or just in Coon Rapids and Brooklyn Park?
This is really interesting that they can fix up these forclosed homes and make some good use out of them. They are already getting their asking price too!
ReplyDeleteI love the fact that the state decided to start a program like this. For one, it helps neighborhoods get a face lift that they may not have gotten from the people who buy the house as is (before the state program helped out). Second, it helps buyers in making the decision to actually buy the house because it is presentable. Thus, it actually gets it off the market. I really like this idea!!!
ReplyDeleteI find this really interesting that the state is doing things like this. That's amazing that they did one already and within the first week they sold for their asking price!
ReplyDeleteI agree, I think that It's a good way to re-sell houses. It's good that the houses aren't being left, though, I know of some houses around where I live that have just been empty for years.
ReplyDeleteThis sounds like a great program! If the houses are selling then it is a win-win for everyone. I assume the city buys the house before they remodel it?
ReplyDeleteGrade: 8/10
ReplyDeleteIsaac, you used possessive apostrophes in two places instead of simply making the words plural (cities and houses). Also, you missed making one word plural (house). Finally, the first sentence needs to be rewritten; something like "The cities of Coon Rapids and Brooklyn Park...".