Do your homework and be thorough when you find a house that you like! In other words, Go to your local home store and get prices on the items that need replacing in the house - such as a new garage door, appliances, or flooring. Will you have the money for these items after closing? Tip: Start a folder for the house with list of work that will need to be done and items that will need to be purchased and pricing. Bring this to your realtor to help him or her negotiate the deal so that you can get the best fair price for the home, and then have money left over to do the necessary repairs later on.
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