Thinking of renovating? Focus on these high-ROI renovation projects » Mortgage Masters Group

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Renovating for profit is a common strategy, but make sure you think long and hard about the location, property type and value-adding activities.. How to renovate a property for profit.

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How Renovation and Conversion Mortgages Work. When you are renovating or converting you are likely to need money for the initial purchase of the property and then for the building works. Some mortgage lenders will refuse to lend on properties that are uninhabitable while others will lend based.

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Each of these on the list may not be necessary or feasible with your budget. Remember that curb appeal, kitchens and bathrooms are important. If you can focus on nothing else, focus on those things. These projects will reduce your risk of losing money in the renovation process and also help you sell quicker.

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