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Nearly 60% of homeowners cant afford repairs, survey finds [Video]

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(InvestigateTV) — Today’s Homeowner surveyed 1,000 American homeowners and found 82% have at least one thing in their home that needs to be repaired, and 60% of them really can’t afford to fix it. 

Hailey Neff, a member of the research team with Today’s Homeowner, said they found many homeowners are delaying important home fixes for 6 months or more.

For urgent repairs Neff said the survey found 21% would use credit cards, 13% would dip into their savings, and 13% would pursue a personal loan.

Neff urged those faced with repair bills to shop around and get multiple quotes for projects.

She said homeowners should be vigilant and research reviews before picking a handyperson, a plumber, an electrician, etc.

“If you can get a personal recommendation from someone that you trust in your life, like I always ask my dad, I’m like, ‘Dad, who do you call?’ Because I know that I can trust him,” Neff shared. “And then …

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