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Experience isn't expensive, it's PRICELESS! From left to right, Debra (agent), Dottie (agent) and Jen (marketing). 601-310-1743 or 601-606-0178

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Real Estate Tips
Bargain Properties >Bargain Homes

Most buyers want a home that is in tip-top condition and ready for them to occupy, but many homes sell for bargain prices because they need work. Buyers love "fixer-uppers" for the obvious reasons: the affordable price and the satisfaction of remodeling the house to accommodate your tastes and needs.

Whether you are buying the property for yourself or as an investment, choose a house that is in a good location and structurally sound. It should be priced enough below market value (usually 25%) to allow plenty of room for a profitable re-sale after the work is completed.

It is important to educate yourself before taking on a fixer-upper project. Inexpensive cosmetic improvements often give the greatest return on your investment-- paint will increase the value three times for every dollar invested. Landscaping, carpeting, and light fixtures are also relatively inexpensive improvements. Try to avoid purchasing a house that needs expensive structural improvements such as a new roof, plumbing, wiring, or foundation repairs.

Remodeling a kitchen will rarely add more than the cost of the upgrade, but new appliances usually give a fine return. An extra bathroom is the best renovation from an investment point of view, often giving twice its cost in added value.      

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Real Estate Trivia
Q 
What is an encumbrance against a property, which may be voluntary or involuntary?

A 
There are many different kinds of liens: a tax lien, a judgment lien, a mortgage lien, and a mechanic's lien.
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DOTTIE AND COMPANY, REALTOR®, real estate agent and broker for Hattiesburg, Oak Grove and Petal, Mississippi home listings, property and land for sale - NUMBER1EXPERT(tm)

DOTTIE AND COMPANY
Realty Executives

5297 Old Hwy 11, Suite 5
Hattiesburg, MS 39402
Dottie: 601-606-0178
Debra: 601-310-1743
Fax: 601-268-1652
DOTTIEANDCOMPANY@NUMBER1EXPERT.com

DOTTIE AND COMPANY: "Moving Hattiesburg Real Estate - ONE client at a time!" We're here to help YOU with all your Real Estate needs. Contact us today...Let our EXPERIENCE and ENERGY work for you. DOTTIE AND COMPANY: "Moving Hattiesburg Real Estate - ONE client at a time."

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