Even though nearly half of homeowners experience a surprise home repair within their first year of moving in, almost one-third do not have money set aside to cover the expenses. Check out the following ways homeowners paid for these unexpected home costs.
Nearly two-thirds of homeowners who have attempted DIY house projects said they regret not calling in an expert on at least one of their projects. Despite saving money as the primary reason to complete the remodeling themselves, about half of homeowners admit the projects took longer than expected and didn't look as good as they had hoped.
Some homeowners choose to sell their homes through the For Sale By Owner (FBSO) route without the assistance of a real estate agent. Although 43% believe they will make more money by selling on their own, median selling prices end up much lower than a typical realtor-assisted home sale. See below for more FBSO results.
While most home sales close on time, there are various issues that can cause a closing date to be delayed or cancelled altogether. The most common reason for a delayed closing involves financial issues. The remaining top four reasons that follow are listed below.