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Home Inspections >If It Is Broken Fix It
Most houses have a few "little" problems, like leaking faucets, a stove burner that won't light, or electrical outlets with too much "spark". These defects may not seem very important--unless your house is about to go on the market.
We rarely have difficulty getting sellers to agree to paint, replace worn carpets or plant a few flowers in the front yard. These kinds of repairs obviously increase the overall appeal of the property. However, if any of the major systems in your home need maintenance, it is also prudent to have the necessary repairs made. Have your furnace, central air-conditioning system, plumbing and wiring checked as part of your pre-marketing efforts. The best rule is--if it's broken, fix it!
The purchase agreement requires that a house be conveyed with all the systems in working order, and most buyers will bring in a home inspector to identify any potential problems. During the period of time between the "meeting of the minds" and the removal of the inspection contingencies, the buyers are the most vulnerable to an attack of buyer's remorse. This is also the time when anything that hasn't been repaired could become a major issue.
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| Q |
What is considered the primary factor distinguishing buyers of prestigious properties from the average home buyer?
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| A |
Financing doesn't worry these buyers; they often put down 40 percent or more or pay cash for a property |
 See More Real Estate Trivia > |
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Kathleen Milinkovich
Coldwell Banker Residential Brokerage
484 Bloomfield Avenue
Caldwell, NJ 07006
973-618-2584
Fax: 973-226-0463
realestatenewjersey@NUMBER1EXPERT.com
Kathy Milinkovich, Sales Associate with the Caldwell Office of Coldwell Banker has been a real estate professional for 30 years. Based on gross commissions thru December 31, 2010, she is ranked # 47 and on total transactions, she is ranked # 41 in the state. She has been a perennial member of the NJAR Million Dollar Sales Club for the last 30 years.
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