Buying a fixer upper is one option for first time home buyers to fulfill their home ownership dream, without weighing down their finances. Many times properties in need of minor repairs
are listed below market value for a quick sale and more affordable for buyers with limited finances. A dream kitchen doesn't have to be luxury or swallow up all of your finances.Here are some tips in searching for a fixer upper:
1. Seek a trained home inspector for list of all repairs needed.
2. Get an estimate to determine if your budget will allow it.
3. While it is wise to hire the services of an expert that will help you save money, it will make a big difference to have some home improvement skills and knowledge and complete some of the repairs yourself.
4. Keep in mind that not everything needs to be re-done. A kitchen could be nicely updated with affordable counter tops and a sleek back splash. A fresh coat of paint, ceiling fans, new kitchen cabinet knobs or blinds, will transform your home, without putting a dent on your budget.
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