MAKE NECESSARY REPAIRS.
Of all the things homeowners control when selling their home, the condition of the property is the most important. There are probably some problems in your home that you have become used to. Attend to them now. A serious prospect will likely have a professional home inspection. Making repairs beforehand will leave less for the prospect's inspector to find.
Repair all items that fall into the following 5 categories:
1. Any major defect such as a structural problem.
2. Small defects that lead to major defects such as a small roof flashing leak.
3. Items that may hinder your buyer's ability to finance, legally occupy, or insure the property.
4. Any safety hazard such as a missing hole covers at the electrical panel.
5. Minor items noticeable to prospects such as a leaking faucet.
Tip: Save repair receipts for tax purposes and for inclusion in your promotional packets.
DON'T MAKE REPAIRS YOURSELF IF YOU ARE NOT QUALIFIED.
· Your prospects or their inspectors may recognize sub-standard work.
· Doing it yourself may take too long.
· You could create a safety hazard.
· The value of your own labor is not tax deductible.
· You will be blamed for faulty repairs discovered later
Home Inspections Since 1997
30 years experience in home renovation and general contracting
15 years experience as a real estate investor and in marketing
Affordable Home Inspections 905-730-9300 www.affordablehomeinspections.ca
good advice. thanks.
Excellent information..and so true
Reviewing some old featured posts, this one clearly needed a comment. Feel free to visit me back at my lethbridge real estate blog and leave me a comment to let me know you stopped by.
Hey, Eldon - You got off to a good start but I see you haven't been blogging in a while. Hope you're well and busy, but if you need some help understanding ActiveRain and taking advantage of the love affair between Google and your ActiveRain blog, let me know. Don't be a stranger!
I agree you need to correct what you can for a short pass through.
Good post and something we could all forward to our clients! Thanks for sharing! Kathy
Hi Al, I like your comments about the customer doing the work himself. So many customers want to save the expense and do the work themselves, so this is a relevant blog.
With just 36 days left in 2010, Zoey the Cool Cat and I just wanted to stop by and wish you a very Happy Thanksgiving. Hope it’s a great one, with lots of fun and food with family and friends!
Just stopping by to invite you to the 2nd Annual ActiveRain Super Bowl Party. Hope you’ll come and bring some friends!
Eldon, too many homeowners wait until just before selling to fix up their home and they don't get to enjoy the updates. Those that don't fix them up forget that the buyer will want all those small repairs fixed before waving the condition on inspections. Doing the job before listings saves a lot of headaches.