Buying a home is a significant investment for a potential house buyer. They aren’t just buying a lot on the street. They’re purchasing a structure that’s meant to shield their family from the outside elements. That takes a lot of upkeep. Some buyers don’t want to inherit a previous owner’s problems. Here is a list of things a buyer should ask a seller to fix before buying a home.
A new mortgage should come with a working furnace. Furnaces last a long time and are a significant expense. When you purchase a home, you want the peace of mind that the furnace will last ten-years minimum. However, if the furnace is clearly old, it is not unreasonable for a seller to ask a buyer to replace before closing.
Patch Holes or Paint
While a furnace is a big expense, patching holes isn’t. Between pictures hanging on them or swinging door damaging them, walls take a beating. If a buyer notices that any room is a little more beaten up, they can ask for the seller to patch up and paint them.
Some potential buyers are a bit more particular about their paint colors. Therefore, the buyer can opt for the seller to do patch-up jobs around the house. Then, the buyer will paint themselves when they move in. It’s a happy compromise!
When you are serious about purchasing a home, get an inspection. Be sure to ask the inspector about the roof. Like the furnace, roofs are essential in protecting your loved ones.
Roofs can last upwards of thirty years, and you don’t want to be on the latter end of the spectrum. Like a furnace, you want to strive to get another five to ten years out of the one currently on the house.
If the roof fails the inspection, the buyer should ask the seller if they will replace it. In the event the seller is unwilling to budge, the buyer could offer to split the cost. The last case scenario is to call bluff and feign withdrawing interest.
It is not uncommon for buyers to ask sellers for new flooring. When someone moves in, they’re bringing all their belongings into the house. The last thing they want to do is ship the haul back out again so they can rip up the floors.
For sellers who want to buy a house that needs floor repairs, try negotiating deals with the seller. If they won’t put in new floors, perhaps they’ll do carpeting? Offer 50/50. Worst case scenario, see if they’ll sand the old wood floors so you can get them polished yourself. Any little victory can help your transition much smoother.
What Should You Ask a Seller to Fix Before Buying a Home?