Sunday Morning Tip for Nov 03: Bought a Fixer-Upper: The First 5 Things You Need to Fix

<span>Sunday Morning Tip for Nov 03:</span> Bought a Fixer-Upper: The First 5 Things You Need to Fix
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    Buying a fixer-upper could save you a huge amount of money, but you need to have a solid restoration plan in place before you make an offer on that type of home.


Taking care of a few important fixes right away could help you avoid major issues later on.

Holes in the Roof

Holes that have been left for too long can invite water damage, pests, and other hazards. Well before you make an offer on a home, you should ask your real estate agent if there are any issues with the roof. As long as the leaky roof is taken care of right away, it probably won’t be very problematic in the future. Minor leaks and pinholes can usually be fixed with nothing more than some roofing sealant and a few spare shingles.

Slow Leaks

A single slow leak or leaky faucet can waste a tremendous amount of water in a very short period of time. Depending on where the leak is, you might not notice it until it has done a lot of water damage to your new house. Make sure to check the property over for any leaks.

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The good news is that those issues can usually be fixed with nothing more than a few basic tools and some plumber’s tape. Once you have fixed the leaks, you might want to place some moisture sensors throughout your home.

Old Wiring

Old wiring can cause a wide variety of problems including flickering lights, damaged outlets, unpleasant smells, and constantly tripped breakers. It is also going to increase your risk of a residential fire, and that is why it should be replaced right away.

At the very least, you need to have a licensed contractor inspect your home for any issues with the electrical system. Make sure that any hazardous area are addressed as soon as possible. Until then, try to avoid using power in those areas.

Outdated HVAC System

Replacing an outdated HVAC system is a major investment, but that upgrade could save you thousands in the coming years. Older outdoor condensers tend to be very inefficient, and you should consider replacing your unit if it is more than 12 years old.

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You might also want to switch over to a multi-zone HVAC system if you have a larger home. This will cut down on the amount of power you’re using to heat and cool your home. Not only will it lower your power bill, it’s ecologically friendly.

Damaged Paint

In addition to being unsightly, damaged paint could also result in much more expensive problems. When exterior paint becomes damaged, it will allow moisture to soak into the underlying wood. Over time, that can result in sagging ceilings, creaky floors, and warped walls. Inspect your new how for any areas where the paint is damaged, and make sure there is not internal damage. Then put a new coat of paint on the exterior.

The average homeowner can tackle most cosmetic upgrades, but you should always consider hiring a professional contractor for major structural or mechanical projects. Those types of projects often require special tools and quite a bit of training, and you could end up damaging your home if you aren’t careful.

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