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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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