Do you know what issues most often turn off buyers or kill a sale? Here are the Top Six
- Leaking or Old Roof. Roof issues are responsible for 39% homeowner insurance claims, according to the National Roof Certification and Inspection Association. The typical lifespan of a roof is 20 to 25 years for shingles, and if your for-sale home’s roof is approaching the end of its lifespan, replacing it could get you to the closing table faster.
- Outdated Appliances. Most buyers know they can easily buy a new fridge, but if most of your
appliances look as if they belong on That 70’s Show, buyers may wonder what else needs replacing. If you’re planning to take your refrigerator with you when you move, make sure that’s mentioned in your sellers’
disclosure. - Old Heating and Air Conditioning Systems. A well-maintained HVAC system can last up to 25 years, but an aged one could be a point of concern for buyers—and costly to repair or replace on the fly for a seller who doesn’t want to lose a sale.
- Termites. Termite infestation causes more than $5 billion in damage to U.S. homes each year, and sellers are typically required to disclose it. Adding a termite warranty from a remediation company can give your buyer peace of mind. But be warned: termites in your home can often be a deal breaker.
- Cracks in Foundation. Cracks in walls or a foundation are often a sign of larger problems. Be
prepared to fix structural problems before your house hits the market, or have a plan in place for repairs if a buyer balks after inspection. - High Listing Price. Pricing your home too high could ultimately cause your house to miss out on the right buyer, stay on the market longer and bring in a lower price than the market supports.
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