Considering a Fixer-Upper?

Don't be afraid of a fixer-upper. One of the best ways to get a great deal on a home is to find one which needs repairs. Houses in bad condition sell very cheaply, and with a few renovations can drastically increase in value. Once the repairs are complete you can either sell the home for a tidy profit, or stay there and enjoy the increased equity which can be borrowed against if the need arises.

Consider small improvements that will allow you to enjoy your home more. These can include something as simple as new light switch covers and outlet colors to a new front door, a new mailbox and coordinated window shutters.

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