Finding the perfect house may seem easy, but if you’re on a budget, you may not be able to afford that dream home. So, why not find a lower-quality home and, over the years, help it reach its true potential? Finding a house you can add value to allows you move up the property ladder.
Improving a lower-quality home brings many benefits. First, you most likely have the option to sell it for more than you spent on it. Secondly, you have saved money to live in a home that, once upgraded, is just as good as or better than the expensive homes. And finally, you have something to be proud of – you transformed a decent home into a wonderful home through your own work or work for which you were responsible.
NEXT Mistake 9: Not hiring your own agent.
