A Few Tips for Buying A Fixer Upper

If you’re considering purchasing a fixer upper, you are in good company. Thanks to the popularity of a number of different shows, more people than ever are looking for older homes that need a bit of work, but have a lot of character. Regardless of your motivation for seeking out a fixer upper, you are in for quite the journey.

Fortunately for you, the expert Scottsdale mortgage brokers at Scout Mortgage are here to offer a few pointers to get you started off in the right direction. Buying a fixer upper might just be the best decision you’ve ever made. Keep reading to see our suggestions!

Are You Considering a Fixer Upper?

Meet With a Mortgage Broker

One of the first things you should do before making your purchase is get together with a mortgage broker. At Scout Mortgage, we can help you through the process with pointers and tips and we can even close in as few as 21 days! Whether you’re working on a deadline so you can move in or simply want to get the process started as soon as possible, we’ll provide you with the information you’ll need to make your dreams a reality.

Make a List

You will no doubt have a number of renovations that need to be made. Whether that means all new electrical work, new kitchen cabinets and countertops, an addition for another spare bedroom, or repair work done on the front porch, there will be plenty to do before your new-to-you home is in livable condition.

Start by making a list of everything that needs to be done and prioritize things in a way that makes sense for you.

Know What You Can Handle Yourself

There will inevitably be some things on your list that you just can’t do for yourself. On the other hand, there are going to be plenty of things that you have the skillset to do on your own. It’s important to make the distinction and know what you’re capable of doing and if you can’t handle it, call to get a quote. You’ll save yourself time, money, and headaches by doing the things you can do on your own and getting professional help for the things you can’t.

Get Things Started on the Right Foot

As we mentioned above, you’ll have quite the project to undertake, but the end result truly has the potential to be your dream home. After all, many of the older homes that need a bit of fixing have the most character and before you know it, you’ll be enjoying that character on a daily basis. It doesn’t get much better than that!

Once you’ve found your potential fixer upper, start things off the right way by meeting with the mortgage brokers at Scottsdale Mortgage. We have nearly two decades of experience and we would love nothing more than to help you get into the home of your dreams with the mortgage services that work best for you. Contact us today to get started!