Surprise! That home you just bought needs a sudden repair

Buying a home is exciting. But it can come with some unplanned surprises. One of these is unexpected home renovation you may need to tackle after moving in. These can be sudden repairs or upgrades required that even your home inspector didn’t foresee.

New data show that many buyers encounter unplanned improvements needed soon after taking possession. A good chunk of them lack the funds to cover these repairs.

Don’t get blindsided by an unexpected home renovation soon after you become an owner. Aim to have extra money set aside in the event of a fix-it emergency. And know where to turn to in a pinch for resources like contractors and repair experts. Learn more by reading my latest article for The Mortgage Reports on this topic, available here.