What to repair before selling
When you’re getting ready to list your home, it’s of the upmost importance to ensure you are showing it in the best light and not hindering your own progress. The following are just a few of the crucial issues that could affect the sale of your home.
Fix your faucets.
Be sure to address any plumbing issues as this could affect the sale of your home. Depending on the type of loan your buyer has, plumbing issues will need to be corrected before the sale of your home can close. For example, if your buyer has an FHA loan, you’ll need to be sure all your plumbing works properly and there are no leaks.
Any water damage must be addressed, whether the damage is under the sink, on the ceiling, or foundation issue associated with water or leak damages. A VA loan requires basements and crawl spaces to be dry and free of any leaks, dampness or pooling of water.
Leaking damaged roofs should be addressed, especially if it has a life expectancy of less than 3 years left. If you have a buyer with a VA Loan, the VA will require the roof to prevent entrance of moisture as well as provide a reasonable future, with utility, durability and economy of maintenance, (this is their actual statement).
When checking your roof out, make sure you take a look at your gutters. Backed up gutters can lead to water spilling over and causing dry rot in the eaves of your home as well as rotting window sills, support beams of a porch, and even the siding.
Lead Based Paint
Be sure to check for chipped or peeling paint if your home was built before 1979, as it could contain lead based paint and would need to be scraped and re-painted. For VA loans, the lead based paint area must be thoroughly scraped and painted with two coats of paint.
While these are just a few items that could cause an appraiser to call for corrections during an escrow, there are many other issues too. Contact me today for a further discussion and assistance prepping your home for sale!