Real Estate Survival Guide with Terry Story
Business:Investing
When first-time buyers move into a home, they’ve often depleted their savings to make the down payment but are still keen on making a few changes, such as a new carpet, a paint job, or minor remodels to make their homes more comfortable. As a result, they may be tempted to go with the lowest bid, which would be a mistake because low bids involve cheaper material and less attention to detail. For instance, cheap paint the first time around would lower cost but may require a re-paint much sooner than if the first-time home buyer went with higher quality paint. Short-term savings could, thus, result in increased long-term costs.
Instead, Terry wants homeowners to focus on quality with better materials and good workmanship so they can reduce long-term costs. Dec 20, 2017
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