Owning your own home is something that allows a lot of freedom. When you rent, there is always something that causes you to worry. Will you have enough money to make this month’s rent? If something goes wrong in the house, do you call the landlord? If he or she blames you, will you get evicted? If they sell the house, do you have to move out? When you own, as long as you keep up mortgage payments, you’re clear.
Of course, buying your own home has its tough times as well. Not least the fact that you often commit to borrowing a lot to buy it. Buying a new house can be expensive, and for this reason a lot of people look for ways to cut costs. One reliable way to do this is to buy a house that may need some work done to it – a fixer-upper. While this is cheaper, it does present its own challenges. So how do you deal with these?
Problem: The Decor Has Seen Better Days
If you’ve bought a house cheap, the chances are the last time it was redecorated was a while ago. Paint may be peeling or faded, the carpets may be musty and stained. You may not want to go in the bathroom given the state it was left in.
Solution: You renovate the place yourself. It seems like a great undertaking but, as long as you plan out the job ahead, it’s doable. The money you spend on supplies and labor will be less than the extra you’d have paid for a new house.
Problem: The Attic Is Full Of … Who Knows What?
Buying a fixer-upper means being ready to deal with what the previous owner left there. People put stuff in the attic because, hey, out of sight, out of mind, right? When you move in, you’ll want that space for storage. So how to unlock it?
Solution: You can get up there yourself and pull everything out. Hire a skip and throw away 95% of it. Repurpose anything you might use, and sell anything that you can. Or you hire an attic cleaning service who have seen it all before. They’ll take it all away and safely dispose of it.
Problem: The Garden Is Overgrown And Full Of Rubbish
If someone has sold a home quickly and cheaply, it’s fair to say there was a reason for that. And it’s realistic to expect that they didn’t keep the garden in great condition before they left. Grass up to your armpits, weeds running amok. And try not to think too much about what lies beneath.
Solution: Professional garden clearance services will move what needs to be moved and turn over the garden so it’s ready for use. For a cost, some will also lay turf so you have a new garden quickly. Then you can get to work planting things you actually want to grow in your garden.
Bringing a fixer-upper to the stage where it is a comfortable family home can take money, time and work. But if you’re up for a challenge it’s far from impossible, and if you find you have a skill for it, then you can make money flipping homes. And most importantly, it’s goodbye to those renting nightmares.