Kevin L Belzer - WHERE TO TURN WHEN YOU'RE FACING FORECLOSURE

areas can require extensive work, but they are extremely important. Overlook them in the preparation stage, and you then run the risk of trouble later with inspections and appraisals. Having antiquated wiring and plumbing replaced is expensive. Some buyers are willing to take on the improvements themselves. Others will simply walk away, not wanting to deal with known problems that could get expensive long after the deed is transferred. If you have mechanical issues and decide to sell your home “as is,” it might be necessary to negotiate a reduced sale price with the buyer. Unless you’re a professional, don’t attempt mechanical work yourself. If you’re looking for an alternative to calling and arranging all the different inspections, certified home inspectors usually cover all items related to mechanical issues (and more). They can identify possible trouble spots. Having a professional inspection on record is a big marketing advantage, as well.

REPLACING APPLIANCES

New appliances undoubtedly make an impact on buyers. The National Association of REALTORS® (NAR) conducted a survey of buyers and found that:

• Buyers were usually “interested” or “somewhat interested” in buying a home that featured new appliances. • Roughly 17% of respondents preferred stainless steel. • The most important factor: available appliances.

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