Not everyone is a DIY expert. Let’s face it, between work, kids and life, it’s tough to learn the trades that make a good home improvement guru. However, if you’re a looking for homes for sale in the Hardin County area, it might be helpful to have some basic fix-it skills in order to expand your possible homes that may be a financial fit for you. As the number of homes for sale decrease in our area, the likely-hood that you will need to do some minor fix-ups on your new home is high.
What does that mean for folks buying and selling homes here and now? It means it’s never been more important to keep an open mind as you begin your home search. Here are five helpful tips for adjusting your renovation mindset as you’re looking at homes for sale.
- Don’t let looks fool you. Cosmetic and surface-level issues can be repainted, updated and replaced.
- Take a handyman class. To boost those do-it-yourself skills, consider a free workshop, or seek out online tutorials. There are many to choose from at home improvement stores and online.
- Focus on the big-picture items. Is the home structurally sound? Does it need a new roof, electrical work, new windows or plumbing? A home inspection is your best source of information about these key home systems and any potentially cost-prohibitive repairs.
- Make a realistic plan. Prioritize projects based on need, cost and time. Remember, Rome wasn’t built in a day; your home won’t reach perfection right away either. Make a budget, and add at least a 20-percent cushion for unforeseen expenses and a lengthier timeline.
- Look into a 203k loan. Talk to your agent about a 203k loan from the Federal Housing Administration (FHA). It’s specifically designed for buyers looking at fixer-uppers, and it covers the purchase price as well as a wide range of renovation costs.
Finally, enjoy the process. Turn to your RE/MAX agent and a trusted home inspector for expert advice, then have fun making your new house a home. As always, don’t forget to contact one of our highly trained agents!