A Buyer's Guide to Investing in a Fixer Upper Home

Buying a fixer upper home can lead to one of two final results: buyers either get a great deal on a dwelling to live in or flip for profit, or they may end up facing a scenario where serious problems expose the home for the money pit it actually is. However, anytime is considered a ‘good time' to buy a fixer upper, regardless of current real estate market conditions. The key to success is to obtain numerous inspections on fixer uppers, which can help buyers negotiate the bottom line price while giving them a good idea of what they're getting into beforehand.

Tips for Choosing a Fixer Upper Home

While many buyers want a move-in ready dwelling, those who can see beyond a few imperfections and are not intimidated by taking on a few repairs can…

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How to Choose a Landscape Layout for Your Home

Landscaping may sound like a fancy term reserved for fancy homes, but it's really a call to action for all homeowners. No matter how modest a property may seem, the right landscaping can make a huge difference. Not only does it make the home more livable for residents, but it's also a sign that an owner cares about how their home is perceived by others, which can be valuable when trying to boost a home's curb appeal. This subtle difference can have a chain reaction of raising property values for everyone on the street.

Choosing the Look

If homeowners don't have an exact landscaping vision, they should start with logistics. Succulents aren't just good for a drought-ridden area—they're also good for a homeowner who doesn't want to put a lot of…

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Should I Buy a Condo?

Condominium living has its advantages, but it is not the ideal choice for everyone. With this guide, people will understand the common benefits and concerns surrounding buying a condo.

Pro: No Exterior Maintenance

Being a homeowner often calls for more work in maintenance and upgrades than renting. For owners of single-family homes, much of that upkeep is related to the yard. Condo owners can bypass most of it. People who own condos have to pay for the management of the:

• exterior structure
• grounds
• amenities and features of the property
• building repairs

The benefit is that they are not personally obligated to provide this maintenance. Buyers who have limited time, funds, or ability to do yardwork may have an easier time…

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Signs You're Ready to Stop Renting and Buy a Home

With almost two-thirds of households owning their home, it is no wonder that more people are looking to make the leap into homeownership. Those who have never owned their home may be surprised at the financial considerations and other obligations to be prepared for prior to going for a home mortgage. Renters may want to position themselves in such a way as to get the best rates possible or wait for market conditions to change before buying. What should renters realize before buying a first home?

Preliminary Financial Expenses

Individuals who are looking to take out a conventional mortgage loan should be aware that most lenders prefer borrowers who can make a 20 percent down payment. Such individuals may be offered better terms. In addition,…

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