FrontDoor.com

Fixing up a fixer-upper can be quite expensive. Know what you're getting into before buying a home that needs major repairs.

Some homebuyers are so set on finding a bargain, they overlook the fact that buying a home that needs repairs can be a stressful and expensive endeavor. Before buying a fixer-upper, get estimates on any necessary repairs and renovations and make sure they will pay for themselves in increased property value. The foreclosure market is also full of opportunities, but it's important to be aware of the potential pitfalls before buying a foreclosed property.

• Read up on what you should know before buying a fixer-upper

• Learn how to buy a foreclosure in FrontDoor's Foreclosure Guide

• Get tips for buying your first home in FrontDoor's First-Time Buyer's Guide

• Learn what moves to make and what mistakes to avoid when buying a home

NEXT: #6: Buying a house you can't afford >>