Couple Money Podcast

House Hunters: How to Find a Hidden Gem (and Not a Money Pit!)

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Synopsis

Looking to buy a house you can comfortably afford? Today we’re going over how you can find a hidden gem and not a money pit!  How to Find and Buy a House You Can Afford I don’t know how things are in your area, but here in the Triangle, the housing market is hot. Prices have shot up. The median price of homes currently listed in Raleigh is $379,000.  To give you some context, a townhouse on our street went for more than double what we paid for our single-family house a few years ago. Just the other week, I caught a story on the local news about how unaffordable the Raleigh Durham area is getting.  If you want to buy a house you have to be a savvy house hunter.  Now you may have heard that you can snag a deal with a fixer-upper, but how do you know which houses are diamonds in the rough and which ones are money pits?   If you’re thinking of or are planning on buying a house soon, you may be facing these same questions and challenges. That’s why I’m pulling from the archives my interview with  Louis Guillama.