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RSS FeedSellers - Better Call in the Professionals |
Mar. 7, 2008
Categorized in: Selling Your House
Tagged with: hiring a professional trades person, home repairs
Sellers - If you are selling your home as the first step in your relocation and your home has some deferred maintenance, OR you suspect there are some problem areas, better call in the professionals.
Many of us have lived in our homes for a bit, and sometimes that means some maintenance issues we have NOT attended to. Yeah, we've always meant to but somehow the time just gets away from us. And suddenly it's time to sell and we have a problem. And there is not some wizard who is going to magically appear and make the problem go away.In some cases we know there are significant issues, such as plumbing and electrical, nd these need to be addressed.
Having dealt with many of these sort of issues personally as well as with buyer and seller clients, I would recommend the following:
1. Have a home inspection UP FRONT to uncover those issues that may plague when it comes to the buyer's home inspection. No point in having a sale fall apart because YOU did not address a repair problem that you knew about, or worse one that surprises you (I have had several situations where there were hazardous wiring conditions in the main electrical boxes which almost cost sellers' their deals and cost them lots of money to fix).
2. In the absence of a full-blown inspection, bring in a appropriate tradespeople to assess the problem areas and have them take care of them. More significant issues are better addressed by a licensed professional so a buyer is less likely to question the fix. And you can provide documentation from a licensed professional as to how the problem was repaired. Buyers tend to be kinda squirrelly when told a problem was repaired by the homeowner, especially if substantial or the fix does not meet code requirements according to the home inspector.
3. When there are repair issues raised by a buyer through their inspection, have the problems taken care of by licensed folks (obviously this depends on what you end up negotiating with the buyers). You can also simply have an estimate of the cost of repairs done to determine if you even WANT to take on the repair or perhaps prefer to negotiate the sales price.
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