In today’s market, people want turn-key homes. Often times both husband and wife are working, and they are going to spend as much money as they can afford on the purchase of their home. They won’t have the extra money to redo it. That’s why it’s sometimes harder for an existing home to compete against new construction and other homes that are on the market. If your home is less than top-notch in appearance, you can expect the buyers to demand a discount.
Just yesterday we had someone ask us, why is it that we have to get our homes in the condition that we have always wanted it to be in for ourselves in order to sell it? Have you always wanted to fix that nick in the wall, or maybe paint the living room, replace a door? Now that you are selling the house and looking around to all your competition on the market it might be the right time to go ahead and bite the bullet and do those repairs and replacements. The less work a buyer sees when they are looking at your house the less deductions or repairs they will ask for in an offer.
So if you are ready for some tough love and maybe a to-do list that you might be overlooking we can help you with that. Give you suggestions of what we know either the buyer or lender will ask to be repaired in a offer to buy your house or property.
Lisa Marchant