The Most Common Pre-Sale Home Repairs - Should You Make Them?
When you begin to think about selling your house, you probably have a lot of questions running through your mind about how to go about preparing the house for showings and proper marketing. Most sellers realize their home may need repairs yet it can be intimidating to try to figure out which ones to make. How can you know the right repairs to do and the ones you can skip? What exactly are buyers looking for when they walk through your home?
In order to have a successful home sale, there are repairs you should make.
These are the standard repairs that the majority of buyers will want to see before they make a purchase and even before they have a showing of your house. There is, however, no guarantee that even if you make these repairs that your house will sell. It is a gamble to make these costly repairs and still not sell your house.
Below is a list of repairs that you should make. They are not categorized solely as repairs but can be considered upgrades and repairs:
1. Matching appliances. Newer appliances.
2. Automatic garage door system if the house is older and is manually opened.
3. Modern light fixtures throughout.
4. Updated plumbing fixtures.
5. New carpet.
6. Wood floors, tile floors, or laminate floors.
7. Contemporary paint colors.
8. Master suites, not just master bedrooms.
9. New kitchen counter-tops.
10. Backyard entertaining area.
This is an extensive list.
If you would add up the costs of these upgrades and repairs, you would be looking at a large sum of money. Of course, not every item on the list will need to be repaired or upgraded and it is up to the homeowner to decide whether or not they do them. Keep in mind that many buyers are seeing homes with all of these upgrades and features. It is not only the luxury homes that have wood floor, granite countertops, and matching kitchen appliance any longer but it has become the norm for almost every house. If you want to be in the running as an option for these potential house buyers, you need to consider the expense of the necessary upgrades and how they will affect your life right now.
The upgrades and repairs necessary to make your house a contender for a buyer may seem overwhelming. You are not obligated to make any of the above mentions but that will probably take you off the list for many potential house buyers. Put yourself in their shoes. Why would they choose a house, for the same price, that has laminate counter-tops as opposed to the longer lasting granite? Why would they choose a house at the same price point with carpet when they could have tile floors that are easier to maintain and increase the efficiency of a home? These are huge factors. They are not simply changing a light fixture or replacing a door handle to match the rest but they are large investments. Are you prepared to make this kind of investment right now in the selling process?
For many sellers, the thought of having to spend money on a house you are leaving makes little to no sense. Sure, sellers understand the house should be appealing to potential buyers but who wants to spend a good chunk of change on a house you hope to be out of as quickly as possible? If you wanted to make those upgrades and improvements and had the money to do so, doesn't it stand to reason that they would be done? Yet many sellers find themselves in this exact predicament. They are torn between making the necessary upgrades and repairs, all the while realizing it does not guarantee a house sale. Or do they take a lower price and get out of the house and the obligations that come with it.
If you are like many homeowners, you don't have the resources to make all the repairs and upgrades necessary to compete with some other houses in your area. You probably also do not want to spend all the money on a possibility. The idea that you could do the upgrades, repairs, and make the house as perfect as possible and still not have a sale doesn't make a lot of sense to the majority of homeowners, desperate to sell a home.
Did you know there is a different possibility for the sale of your home? You can sell it quickly without making the costly repairs. The purchase price may be a bit lower than you would prefer but if you think about it logically, it will make sense.
Take into consideration the following:
1. the cost of the upgrades
2. the cost of the home sitting on the market
3. the cost of upkeep and maintenance
4. the taxes and insurance necessary for the house
Even if just make a rough estimate on these costs, subtract them from your purchase price and that should be a realistic selling point. Keep in mind that less than 1% of houses on the market today are selling at their initial asking price so you would be foolish to even start at that amount. Subtract about 5-10k off your current asking price, then subtract the above expenses and that would be a fair asking price to expect for the house without repairs while still having a fast house sale.
If you decide to do the repairs, get ready for a long and bumpy road that does not guarantee a sale at the end.
It may just cost you money, time, and leave you with a beautiful home that no one wants to buy. We, iBuyHouses.com, could buy your house as is though. Our investors are available to make an offer, pay you in cash, and they can usually do it in less time than it would take to complete the necessary repairs in your house. They may offer you a lower price than your asking price though. If you can't make the repairs, the investor is going to have to. It is crucial to remember that the offer is good and it will close quickly. You are not taking a huge gamble with iBuyHouses.com and you can relieve stress, sell your house as is and save money! You could get a FREE, no obligation offer today by simply submitting your property information!
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Business Transactions
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Other legal requirements
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Detailed Information on the Processing of Your Personal Data
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The Company uses remarketing services to advertise on third party websites to You after You visited our
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Google Ads (AdWords)
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http://www.aboutads.info/choices/,
the Digital Advertising Alliance of Canada in Canada
http://youradchoices.ca/
or the European Interactive Digital Advertising Alliance in Europe
http://www.youronlinechoices.eu/,
or opt-out using your mobile device settings.
Under this Privacy Policy, and by law if You are a resident of California, You have the following rights:
The right to notice. You must be properly notified which categories of Personal Data
are being
collected and the purposes for which the Personal Data is being used.
The right to access / the right to request. The CCPA permits You to request and obtain
from the
Company information regarding the disclosure of Your Personal Data that has been collected in the past
12 months by
the Company or its subsidiaries to a third-party for the third party's direct marketing purposes.
The right to say no to the sale of Personal Data. You also have the right to ask the
Company not
to sell Your Personal Data to third parties. You can submit such a request by visiting our "Do Not
Sell My
Personal Information" section or web page.
The right to know about Your Personal Data. You have the right to request and obtain
from the
Company information regarding the disclosure of the following:
The categories of Personal Data collected
The sources from which the Personal Data was collected
The business or commercial purpose for collecting or selling the Personal Data
Categories of third parties with whom We share Personal Data
The specific pieces of Personal Data we collected about You
The right to delete Personal Data. You also have the right to request the deletion of
Your
Personal Data that have been collected in the past 12 months.
The right not to be discriminated against. You have the right not to be discriminated
against for
exercising any of Your Consumer's rights, including by:
Denying goods or services to You
Charging different prices or rates for goods or services, including the use of discounts or
other benefits or
imposing penalties
Providing a different level or quality of goods or services to You
Suggesting that You will receive a different price or rate for goods or services or a different
level or
quality of goods or services.
Exercising Your CCPA Data Protection Rights
In order to exercise any of Your rights under the CCPA, and if you are a California resident, You can email
or call
us or visit our "Do Not Sell My Personal Information" section or web page.
The Company will disclose and deliver the required information free of charge within 45 days of receiving
Your
verifiable request. The time period to provide the required information may be extended once by an
additional 45 days
when reasonable necessary and with prior notice.
Do Not Sell My Personal Information
We do not sell personal information. However, the Service Providers we partner with (for example, our
advertising
partners) may use technology on the Service that "sells" personal information as defined by the
CCPA
law.
If you wish to opt out of the use of your personal information for interest-based advertising purposes and
these
potential sales as defined under CCPA law, you may do so by following the instructions below.
Please note that any opt out is specific to the browser You use. You may need to opt out on every browser
that you
use.
Website
You can opt out of receiving ads that are personalized as served by our Service Providers by following our
instructions presented on the Service:
From Our "Cookie Consent" notice banner
Or from Our "CCPA Opt-out" notice banner
Or from Our "Do Not Sell My Personal Information" notice banner
Or from Our "Do Not Sell My Personal Information" link
The opt out will place a cookie on Your computer that is unique to the browser You use to opt out. If you
change
browsers or delete the cookies saved by your browser, you will need to opt out again.
Mobile Devices
Your mobile device may give you the ability to opt out of the use of information about the apps you use in
order to
serve you ads that are targeted to your interests:
"Opt out of Interest-Based Ads" or "Opt out of Ads Personalization" on Android
devices
"Limit Ad Tracking" on iOS devices
You can also stop the collection of location information from Your mobile device by changing the preferences
on your
mobile device.
"Do Not Track" Policy as Required by California Online Privacy Protection
Act (CalOPPA)
Our Service does not respond to Do Not Track signals.
However, some third party websites do keep track of Your browsing activities. If You are visiting such
websites, You
can set Your preferences in Your web browser to inform websites that You do not want to be tracked. You can
enable or
disable DNT by visiting the preferences or settings page of Your web browser.
Your California Privacy Rights (California's Shine the Light law)
Under California Civil Code Section 1798 (California's Shine the Light law), California residents with an
established
business relationship with us can request information once a year about sharing their Personal Data with
third parties
for the third parties' direct marketing purposes.
If you'd like to request more information under the California Shine the Light law, and if you are a
California
resident, You can contact Us using the contact information provided below.
California Privacy Rights for Minor Users (California Business and Professions Code
Section 22581)
California Business and Professions Code section 22581 allow California residents under the age of 18 who are
registered users of online sites, services or applications to request and obtain removal of content or
information
they have publicly posted.
To request removal of such data, and if you are a California resident, You can contact Us using the contact
information provided below, and include the email address associated with Your account.
Be aware that Your request does not guarantee complete or comprehensive removal of content or information
posted
online and that the law may not permit or require removal in certain circumstances.
Links to Other Websites
Our Service may contain links to other websites that are not operated by Us. If You click on a third party
link, You
will be directed to that third party's site. We strongly advise You to review the Privacy Policy of every
site You
visit.
We have no control over and assume no responsibility for the content, privacy policies or practices of any
third
party sites or services.
Changes to this Privacy Policy
We may update our Privacy Policy from time to time. We will notify You of any changes by posting the new
Privacy
Policy on this page.
We will let You know via email and/or a prominent notice on Our Service, prior to the change becoming
effective and
update the "Last updated" date at the top of this Privacy Policy.
You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy
are
effective when they are posted on this page.
Contact Us
If you have any questions about this Privacy Policy, You can contact us:
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on the badge to find out more about our SSL and verify that our certificate is valid.
What is SSL-encryption?
When you access our SSL-encrypted page, your browser validates our SSL-certificate by contacting the source
of
certification (Thawte Server CA). This way the browser ensures that it is connected to the server you have
requested and not to an impostor. After successful validation, your data is ciphered with up to
256-bit-encryption
and transmitted.
