While experts may weigh in on which way the housing market will go – the truth is no one knows for sure. As a potential buyer, focus on the things you can control, like having enough savings, a good credit score and enough income to cover your new mortgage payments.
Do you have home makeover ideas but worry about having the funds to cover your wish list? When determining the projects to tackle or forego, keep in mind that some enhancements can increase your home’s value, while others may not. Some home improvements may be worth the cost, even if you don’t recoup all the money you’ve invested in them. But if you plan on moving within a few years, you’ll want to proceed with caution before taking on a project that may cost you in the long run.
Here are some facts to help guide your decisions.