How do you repair masonite siding that has water damaged bottom edges?

The home looks like it hasn't been painted in about 7-10 years. The upper part of each strip of siding looks fine but the bottom edges are swelled with water and wet in places, especially lower down on the walls.

Answers:
There was a class action suit against Monsanto over Masonite. It should be replaced at once. I recommend Hardi-Plank.

Other answers:
it cant be repaired it must be replaced. Masonite is a good product IF it is kept painted..
it cant be repaired it must be replaced. Masonite is a good product IF it is kept painted..
  • I have my beautiful home listed with a real estate agent.?
  • what is the procedure to do on the frist night of marraige please give all details?
  • I need to know how to remove an embroidered monogram from a dress so I can replace with a new one w/o tearing?
  • Is there anything around the house that I can use to remove wallpaper?
  • property in phelan?
  • Why do people suggest Home Depot?
  • Where is Carolin's headset?
  • How hard is it to paint your own house???