inspector would red-flag or a mortgage company would demand before issuing a loan to a buyer. If major problems, like a leaking roof or outdated electrical wiring exists, you may want to repair those before putting your home on the market or expect to give concessions to the buyer.
STARTING WITH THE B G WITH THE BASICS
Every listed home should meet the basic expectations of any buyer. It should have a sound roof, functioning gutters and downspouts, a foundation without cracks, a functioning heating and/or air-conditioning system, solid subflooring, and safe and secure electrical wiring. With finance-mandated home inspections, any shortcomings may be required to be remedied to get buyer financing approval. It is important to understand that the market value of a home is determined by the prices of comparable homes recently sold in the area. Extensive remodeling to sell the home may increase the value, depending on the necessity and workmanship. The property will definitely need to be up to the standards of neighboring luxury homes sold at an upscale value. However, while a remodeled kitchen or bathroom may be a helpful selling feature, it isn't an exact guarantee return rate.
MECHANICAL MAINTEN CAL MAINTENANCE IS A MUS CE IS A MUST
It is easy to get wrapped up in the more eye-pleasing aspects of preparing a home to sell. However, the upkeep of all the more mundane aspects of the home cannot be overlooked.
These BASIC mechanical features require consideration:
• Electrical boxes and wiring • Natural gas lines
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