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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