To keep mortgage expenses down, consider buying a fixer-upper home.  But don’t do so blindly.

First, figure out what the home needs to be habitable, safe, and comfortable.  Examine the home’s structural needs.  For instance, does it need new plumbing, a new roof, or other must-haves?  In addition, look at cosmetic changes such as a new paint job, new appliances, a new kitchen, etc.  207