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 isn’t cheap. If you have mechanical issues and decide to sell your home as is, you might have to lower your selling price. Realize that most buyers will be seeking financing. And that lenders will want to make sure that a home has sufficient homeowner insurance coverage. And that homeowner insurance companies, for home past a certain age, will require the home to pass a 4-Point Inspection performed by a Licensed Inspector before issuing an Insurance Policy. Why not get that 4-Point Inspection out of the way before potentially losing the ONE Best Buyer under contract because of deferred repairs and improvements you are going to agree to make anyway? Turning to a professional for an opinion can help. You can also choose to wait and negotiate with buyers. Sometimes, you’ll get lucky and find a buyer who’s already interested in remodeling. Sometimes you find a buyer who has certification in that area and will buy the house for a lower price and plan to do his or her own work. If you’re unable to update and repair, be honest, upfront, and flexible. An interested buyer will work with you. If you can update, figure out which fixes you can handle. Then, note any fixes requiring professional work. Finally, note anything you wish you could fix. Start with the easiest items, and work down the list. Remember the 80/20 rule, and focus your efforts on the updates and repairs that bring the greatest returns!
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