SellingAHome-JenniferChristenot
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5.) Should I make repairs that are necessary on the home?<br />
Truthfully, whether you decide to take on the task of making<br />
repairs on your home is up to you, but there are several things<br />
you should take into consideration before making the decision.<br />
The first is that if your home requires any major repairs, such<br />
as fixing a foundation problem, you probably are better off just<br />
making the repairs before selling the home. While these types<br />
of repairs might not get you a huge increase in price, because<br />
buyers simply won’t purchase a home that’s dangerous or<br />
inhabitable, you’ll ultimately sell the home much more quickly<br />
and won’t have to worry about the problem causing any<br />
problems later, such as lawsuits.<br />
If there are minor problems such as a leaky faucet, a laundry<br />
hook-up that doesn’t work, or a half-finished basement, you’ll<br />
have to carefully weigh your options before deciding whether<br />
or not you want to make the repairs yourself. If you do make<br />
the repairs, it can greatly add value to your home (depending<br />
on what the repair was), and you can usually also ask for<br />
more in the price than the project cost you to complete. Also<br />
consider that if you don’t make the repairs, buyers could try to<br />
use those small issues to try and negotiate a lower price for the<br />
home.<br />
6.) What do I have to disclose when selling my home?<br />
While you might not want to tell potential buyers everything<br />
there is to know about your home (including the fact that a<br />
SELLING A HOME FAQ’S AND SAQ’S | JENNIFER CHRISTENOT<br />
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