A home’s condition is important. It is good to consult with local experts on the property and situational circumstances, from weather and moister to structural integrity. The condition of a home is a significant consideration in most real estate transactions. As a matter of fact, 90% of the complaints voiced by buyers against home sellers, address the condition of the property. In order to evaluate the home’s value, you should thoroughly consider its condition. Our goal is to describe some common condition concerns and help you put them into the proper perspective.
Some Advice to the Sellers. Sellers often find difficulty seeking a top price when the property is not in top condition. It is best to consider correcting any condition flaws, but if that’s not feasible, sellers should then disclose condition problems. Upfront disclosure will prevent last minute obstacles and mistrust. Since today’s society is prone to engage in lawsuits, the seller is better off with the buyer in harmony rather than in court. Remember, condition problems that are disclosed, understood and properly valued should not prevent a home from selling. Click here to learn the details.
Let’s look at some specific questions sent in by DearMonty readers from across the country. Read more Q&A articles about the “Inspecting the Home” stage of the Home Selling process: