Another insightful article by G. M. Filisko that discusses seven steps to assess when considering a fixer-upper home – including how much you can afford, how much to offer, and whether a project is right for you.
- Decide what you can do-it-yourself
- Determine the cost of renovations before the offer
- Check permit costs
- Double-check pricing for structural work
- The cost of financing
- Calculate a fair purchase offer
- Include inspection contingencies