what does turnkey mean in real estate

Best answer

Move-in ready

People also ask

  • What is a turn-key property?

  • Turn-key properties are homes that are move-in ready, meaning appliances are in working condition and there are no obvious structural or electrical issues with the home. Unlike fixer-uppers, there isn a need for renovations and updates before the home is livable.

  • What is a turnkey home renovation?

  • In some circumstances, the term turnkey is used to describe a newly renovated property that doesn even need a fresh coat of paint, while other times, the word can refer to a home that is fully furnished, too.

  • Should you get a turnkey home?

  • And for others still, it can include everything from dishes to bedding (um, ew). So, should you get a turnkey home? It depends on what you檙e after.

  • Who is the CPA for turnkey property?

  • Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a wide range of accounting, corporate finance, taxes, lending, and personal finance areas. What Is a Turnkey Property?

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