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Real Estate Tips
Home Inspections >If It Is Broken Fix It
Most houses have a few "little" problems, like leaking faucets, a stove burner that won't light, or electrical outlets with too much "spark". These defects may not seem very important--unless your house is about to go on the market.
We rarely have difficulty getting sellers to agree to paint, replace worn carpets or plant a few flowers in the front yard. These kinds of repairs obviously increase the overall appeal of the property. However, if any of the major systems in your home need maintenance, it is also prudent to have the necessary repairs made. Have your furnace, central air-conditioning system, plumbing and wiring checked as part of your pre-marketing efforts. The best rule is--if it's broken, fix it!
The purchase agreement requires that a house be conveyed with all the systems in working order, and most buyers will bring in a home inspector to identify any potential problems. During the period of time between the "meeting of the minds" and the removal of the inspection contingencies, the buyers are the most vulnerable to an attack of buyer's remorse. This is also the time when anything that hasn't been repaired could become a major issue.
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Real Estate Trivia
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What was a sure way to accumulate wealth through the 1970s and early 1980s?
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Many people made their fortunes in real estate during this period. |
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GRIMLY FORET, No BS Real Estate Guy! RE/MAX of Wilmington 5307 Limestone Rd. Suite 100 Wilmington, DE 19808 302-777-5987 Fax: 302-442-7047
REALTORŪ, Certified Real Estate Negotiator (CREN), Certified Distressed Property Expert (CDPE), Real Estate Marketing Strategist, Residential & Investment Real Estate 
www.NoBSRealEstateGuy.com
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