Can I Sell A House That Still Needs Repairs?

Real Estate , ,
When you started thinking about putting your house up for sale, you probably made a list of repairs that need to be done ahead of time. If that list was long, you might be at a point where you're asking if it's all worth it. Will prospective buyers really notice the little things? And even if they do, will that affect how much you're able to get for your home? You Can Sell An Imperfect House Your house doesn't need to be perfect in order to sell it. Many older homes have some issues like outdated kitchens and bathrooms or…
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Why a Buyer Needs An Independent Inspection at Closing

Real Estate , ,
Many sellers hire inspectors and appraisers to value their home prior to placing it on the market. It's important for buyers to hire their own inspector to get an independent opinion. If a buyer orders an inspection before the sale goes through, the seller may have to resolve any issues that arise. If you forego the inspection, you inherit any problems that come with the house. Importance Of Inspections Homes aren't always well cared for and it's relatively easy for an unethical owner to paint over a water stain rather than fix a leaky faucet. Clunky furnaces and loud A/C…
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Buying A Home? Take Stock Of These Things

Real Estate , ,
What are some of the most important factors that buyers take into consideration when looking for a new home? There are the obvious things like price, square footage, location and lot size. Those are the basics. Other things that are often weighed are garage size, how updated the kitchen and baths are and whether or not the basement is finished. All of these are very important to consider, but there are other more "hidden" aspects of a home that many prospective buyers may not take into account. And it's these aspects that could really come to bite them where it…
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Home Buying: Repair Requests After A Home Inspection

Real Estate , ,
The perfect home has been found, the one in the right neighborhood with the right amount of bedrooms and bathrooms. The home inspection is complete, but a few issues have been found. At this point, a home buyer has decisions to make.  What Repair Requests Can Be Made After a Home Inspection? Structural defects found during a home inspection are the responsibility of the seller and must be fixed. In addition, Realtor.com states that the following must also be repaired by the seller: Water penetration such as mold or wet basement/crawlspace Any code and safety violations like unstable decking or…
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Tips On Passing Your Home Inspection With Flying Colors

Home Selling Tips , ,
Home inspections are a tense time for everyone. Sellers are fervently hoping that nothing major is wrong with their home that could hold up the transaction. Buyers are eager to hear that their new house is in prime condition. Whatever the wishes, one thing is for sure; any news from an inspector is usually bad news. Home inspectors have a tough job. They have to be trained to spot hundreds of potential issues with a home and be knowledgeable of local codes, community restrictions and residential permit parameters. Stay one step ahead of your home inspector by reading the list…
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A Few Red Flags To Look For When Buying Real Estate

Home Buyer Tips , ,
If you're looking to purchase real estate, keep in mind that the homes you are considering might be in need of repairs or improvements. In a recent study done by a major home inspection company, at least 40 percent of previously owned homes on the market have at least one serious issue or defect. When buying real estate, you should have a professional inspection performed on the property to look for any issues that might not be visible to the untrained eye. It's better to identify this damage before you buy so that you are not stuck with budget-busting renovations.…
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Questions To Ask Your Home Inspector Before Buying Your Home

Home Buyer Tips , ,
Imagine how frustrated you'd be to find out that the hot water heater wasn't working - in the middle of your very first shower in your new home! This, among other very good reasons, is why you should have a home inspection before you buy your home. When you buy a home, you need to know exactly what you're buying. A home inspection is an important part of buying your home. Before you hire a home inspector, ask candidates a few questions to make sure you hire a trustworthy inspector. What Does Your Inspection Cover? Not all inspections are the…
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Why It’s Critically Important To Have A Home Inspection

Home Buyer Tips , ,
Many home buyers have found the perfect house, signed on the dotted line and may think they've watched enough home improvement shows to know if the home they're getting is in good shape. Unfortunately, some buyers make the mistake of skipping a home inspection in order to save a little cash. Even if a home has already stolen your heart and you're ready to pay for it as-is, you need to bite the bullet and hire a home inspector to let you know what repairs and financial repercussions await you. Why You Should Hire A Home Inspector You might know…
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