Monday, May 08, 2006

Which Repairs Should You Make Before the Sale?

To fix or not to fix? That is the question. When is fixing up your home a good idea and when is it a waste of money?

We all know that a few flowers and a fresh coat of paint can make the sale of a home go faster, but what about the furnace that is on its last leg? How about the dishwasher that looks great but does a terrible job? Remember the natural gas barbecue grill you haven't used in years -- does it still work?

When deciding whether or not to fix minor things around your house, it is important to remember that almost everyone hires a professional inspector to check out the house. He/She is going to check for leaky pipes, slow drains, air conditioning efficiency, window seals, etc. He is going to write a report that makes the problems that you have lived with for years seem like a big deal to the buyers.

Then....They are going to ask for you to fix them, or compensate them.

The smart seller begins the sales process by having an inspector come through the house. It costs money, but the seller can then begin working on problems. This small step reduces stress because you will not be surprised when the buyers do their independent inspection. And believe me, selling a home is stressful enough already.

Last time I sold my own residence, I had many sleepless nights waiting for the closing -- even after the closing. I was worried because I got top dollar for my house and was waiting for the inspection to blow it! It didn't. But it still created a lot of stress for me.

For more advice, from an expert, give me a call at 636.391.9997 or send me an email at RTNolting@NoltingRealEstate.com