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7 Common Mistakes of First-Time Homebuyers

6. Thinking Home Repair Is Simple

This is a major no-no. Never assume a repair on a “fixer-upper” will be simple or cheap.

Even if you are doing the labor yourself, the cost of permits and materials alone can set you back an enormous amount of time and money, so be prepared for this.

And be careful. If you embark on a DIY project, but don’t really know what you’re doing, you could up spending a lot more time, money and effort to get the job done right later on.