Opendoor buys and sells thousands of homes per month and we ve also highlighted some of the most common repair items found by our estimators.
Floors and painting done by buyer or seller.
Floors should be consistent in color and sheen.
Most buyers as well as sellers seem to over estimate the cost of refinishing hardwood floors.
Buyers may ask for credits based on property inspections.
Splitting the cost in a case like this is a fair and reasonable way to resolve the issue.
Ask your lender if a cash credit is allowed before asking for one and work with your agent to determine the best strategy for working with the home s sellers.
I know if i don t sell it soon within the.
In a best case scenario resolving these disputes is best done by sharing the expense.
A little prevention can spare you from the pain of watching a buyer walk away.
Here are five things every home buyer and seller should know about last minute negotiations or credits.
There will be 3 or more different colors on the floors so it doesn t have a continuous flow and makes the house looks smaller.
The seller has no vested interest in the home after it s sold and he might not hire the most qualified contractor or do the repair in a manner that s satisfactory to the buyer.
Here are some of the most important things you should consider repairing before selling your home.
The more you know about what they entail and more importantly how they affect you as a buyer or seller the more confident you will be moving forward with your transaction.
Instead the new buyer is capitalizing on the increased value of the home.
What buyers and sellers need to understand about home inspections home inspections are a vital part of the real estate transaction process so it makes sense to learn as much as you can about them.
My home has become hard for me to manage and is falling into disarray.
If a seller can financially swing it this option is the easiest way to prepare a home for the market.
Bill has helped people move in and out of many metrowest towns for the last 31 years.
It also signals to the buyer that they will need to spend more money to get the floors corrected.
Depending on the property and the issues a buyer might also have a.
I would also think that if there is hardwood under the carpet the seller is leaving money on the table by not ripping up the carpet and refinishing.
After all the seller didn t promise a home with a brand new furnace and the buyer wasn t expecting to go 20 years without replacing the existing one.
The above real estate information on repairs that give sellers a high return on investment was provided by bill gassett a nationally recognized leader in his field bill can be reached via email at email protected or by phone at 508 625 0191.