Greg Blake and Tim Smith - FOR SALE BY OWNER: AN EXPERT'S GUIDE FOR SUCCESS

It is true that people buying homes want to purchase something that reflects their aesthetic tastes and lifestyles. However, they also want a home that is safe and sound. Faulty electrical systems do not provide a feeling of safety. Leaky plumbing arouses concerns of mold infestation. These areas are no fun to fix, but they are extremely important. Overlook these areas in the preparation stage, and you run the risk of trouble later with inspections and appraisals. Take care of the many mechanical features of your home, and you’ll profit from it. Obviously, professionals should do most of the mechanical work. Having a professional inspection is a big plus to most buyers as well: • Have a certified plumber inspect your entire water system for leaks. Check the well and septic field if applicable. • Hire an electrician to check your wiring. • Call your local HVAC company, and have their technicians perform a thorough service checkup. • Contact your natural gas supplier and have them double check the mechanics of your tank and lines. There is an alternative option to calling and arranging all these different inspections. Certified home inspectors usually can cover all the different items related to mechanical issues, and more. They can identify possible trouble spots you need to address. Many buyers hire an inspector, so you might even be saving them a step. Replacing antiquated wiring and plumbing is not cheap. If you have mechanical issues and decide to sell your home as is, you might have to lower your selling price. Turning to a real estate agent for a professional opinion can help. As with the extra bedroom step, it pays to know what competition you are facing.

31

Powered by