Should You Buy A Fixer Upper?

If you've expressed any interest in buying a home that you can work on, your real estate agent may present you with one or two fixer upper properties for your consideration. Fixer upper homes can offer good value for certain kinds of homebuyers. But not everyone should buy a fixer upper. Here are some considerations to keep in mind. There May Be Unforeseen Conditions Until you actually get in there and start renovating, you cannot know exactly what is behind those walls. Fixer uppers could have unforeseen conditions that could blow away your renovation budget. If you do decide to…
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How Do Real Estate Agents Make Their Money?

If you are planning to buy or sell a home, you will want to enlist the services of a real estate agent. But sometimes homebuyers and homeowners worry about paying for the services of a real estate agent. After all real estate agents put an enormous amount of time and energy working for clients. They deserve to be compensated, but where does the money come from? When You Buy A Home When you contract with a real estate agent to buy a home, you do not pay the agent anything at all. In fact, they do not make a dime…
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Should You Buy A Home Warranty?

When you buy a new house, the first thing you want to do is protect your investment. You already have property insurance. Should you also buy a home warranty? What Is A Home Warranty? A home warranty is not the same thing as insurance. Home warranties are service contracts. If a covered item breaks down and it is covered in the terms of the warranty, the home warranty company will pay to fix or replace that item. What is Covered Under A Home Warranty? Every home warranty contract is different but generally, a home warranty may cover items like major kitchen appliances,…
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