CHAPTER 6 Home Preparation For Sale
Should we consider doing improvements, repairs, cosmetic touch ups or staging before putting the home on the market? What will make the property more appealing to the buyers, what makes the most sense financially to the seller to do (return on investment), do we have the time to get the home ready?
There is an order to the home prep for sale analysis and process.
1.) Walkthrough: First is to do a walkthrough of the property, are there systems that are not working (faucets, outlets, etc) As the homeowner do you have thoughts on improvements or cosmetic touch ups that you were considering doing. It’s best to do the walkthrough with your realtor to get his or her ideas on what might make sense to do. After doing a walkthrough, make a list of the possible to do items. From there you can get some general cost quotes and time frames of the possible to do items. 2.) Inspections: Ideally it is best to get home inspections done before we start doing any major home improvements. One to see if there are any items on the inspection reports that we may consider doing or two to prevent us from doing unnecessary work. Let’s say you replace the bathroom floor as a home prep for sale job before you have the inspections done and the on the inspection report they find significant dry rot or severe termite infestation under the bathroom floor, and they recommend that the floor be taken off and the damage repaired. Well either you or the buyers will have to that floor over again. That is just one example of why we like to see the inspection reports before doing anything that may have to be redone.
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