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Nov.19,2009Tip : That noise is driving me nuts!
Has that leaking faucet been bothering you lately? You can be sure that minor things like leaking faucets can make buyers hesitate. Faucets that have been leaking for some time demonstrate a homeowner’s negligence regarding basic maintenance.
Tip : Is this door going to fall on me?
Does your house have doors that sag, don’t close properly, squeak or have a knob missing? There are beautiful ready-made and custom-made doors in your local home centre, so why don’t you pay them a visit; get an idea of what kind of doors would breathe life into your house?
Tip : So, how many insects do you have here?
What about broken screens that have ugly-looking holes gaping at you and your visitors? A simple thing such as broken screens can be a huge turn off so show consideration for your buyers by taking care of these minor fix-its.
Tip : For you or the buyer?
Some experts say that little repairs that can potentially annoy you or your buyers must get fixed. Getting small, minor jobs done will help increase your chances of selling your house. But getting big things fixed, they say, will only mean profits for the contractor and buyer, not you. This is a matter of personal opinion. If you take integrity and professionalism to heart, you can proceed with the big repairs and cough up the expense.
Tip : Hold your horses!
Here’s what some experts are also saying about undertaking major repairs. If it’s going to cost you an arm and a leg and substantially reduce the sale price of your home, think twice. For example, your house costs $200.000.00 in the market. You’re thinking of selling it for $250,000.00 – to make a neat little profit of $50,000. Repairs will cost you $30,000.00 that reduces your profit by $20,000. Are the major repairs worth that measly profit? Crunch some figures before you undertake those major renovations.
Tip : I wish you hadn’t done that…
Undertaking major renovations may come out of the goodness of your heart, but have you ever thought of looking at the other side of the coin? What if the potential buyers don’t particularly like the renovations you’ve done, and would have preferred to renovate the house themselves? When an individual goes out looking to buy a house, that individual is not just buying a physical piece of property but is also thinking of making his future house an extension of his personality and his lifestyle. So if you’re thinking of renovating your house before selling to make it look more presentable, those good intentions may backfire. That’s why it’s always good to gauge a buyer’s plans about your house when he/she first makes contact.
Tip : Bring in a contractor.
Some people actually think it’s a good idea to bring in a contractor to have a look at their homes after the professional inspection. Because they know their business inside out, some contractors specialize in preparing homes for sale, and can tell you what should be fixed and what should be left alone. They can help you save precious dollars. Show them all of the inspection reports. With the contractor’s opinion and the home inspection reports in your possession, you should be able to decide what to fix and what not to fix.
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Getting Serious and Getting Ready to Sell House -1
Getting Serious and Getting Ready to Sell House -2
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