
Buying a house that requires renovations can be a great way to find a deal, but before you decide to move forward with an offer to purchase, ask yourself some important questions.
Can Your Budget Accommodate Renovations and Unexpected Costs?
While you are compiling costs, don't forget to add any permitting expenses. Check your local city, county, and state regulations so you can acquire the appropriate permits and order any inspections that might be required.
When you've finished estimating your budget, add 15% for unexpected expenditures and repairs required by any inspect...