By: Jerika P – i-Lead Realty Social Media Manager
Documenting all recent repairs to your home before selling is essential for several reasons:
1. Disclosing repairs
As a seller, you must disclose any known defects or issues with the property to potential buyers. This includes repairs that have been made recently. By documenting all repairs, you can provide a clear picture of the property’s condition and ensure that you comply with disclosure requirements.
2. Showing the property’s condition
Documentation of recent repairs can give potential buyers a sense of the property’s condition. If they see that you have taken care of any major repairs or issues, they may be more confident in the property’s overall condition.
3. Setting the asking price
If you have made recent repairs, you can justify a higher asking price for the property. Documentation of these repairs can help you demonstrate the added value of the property.
4. Negotiations
If potential buyers find any issues during the home inspection, documentation of recent repairs can help you negotiate any necessary repairs or concessions. By demonstrating that you have recently addressed similar problems, you may be able to reduce the cost or impact of any required repairs.
5. Marketing
Documentation of recent repairs can also be a helpful marketing tool. You can highlight the work that has been done to improve the property and show potential buyers that it has been well-maintained.
In summary, documenting all recent repairs of your home before selling can help you comply with disclosure requirements, give potential buyers confidence in the property’s condition, justify a higher asking price, negotiate effectively, and market the property effectively.
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