When selling your home and preparing it to sell, there are repair projects that are more important than others.
When a buyer goes under contract, a home inspection is ordered. One component of the home inspection is the insurance report. This report is sent to the insurance company. The insurance company reviews the report and based on the report data will decide whether they will, or will not issue the insurance policy for the property. If the policy cannot be issued because of a repair item or if the insurance is too expensive because of no discount items, this can create an issue for closing on the property.
Some sellers do a preinspection of the property before putting on the market, this way you can get a sense of what may cause issues when a buyer goes to contract and address them in advance. If possible, it’s better to address any known issues in advance and anything that comes up during the inspection (if reasonable), so it doesn’t create a problem when a buyer is under contract.
There is a lot to consider when evaluating the best projects when selling your home and where to spend your money best.
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If you would like to talk more about what your home may sell for in today’s market, give Jamey a call at 305-793-8965.