When selling a home in Charlotte, it’s important to understand that you have to disclose any known issues with your house. However, you’re not required to actually fix these problems. Whether you should pay for any repair work before you put your house up for sale depends on a variety of factors.
Lowering the Home Asking Price
One way that you can get around making repairs is to simply lower the price of the house. Basically, the money that a buyer would save on the lower price would be put into the repair work that’s required. While many buyers will be willing to make this tradeoff — especially if the problem was only recently discovered during a home inspection — not all buyers will want to deal with the hassle of being in charge of major repairs.
Paying for Repairs
Buyers are often more attracted to homes that require less repair work. However, repairing every minor thing that’s wrong with your house may be unnecessary. A lot of minor issues may not affect the function of the house and buyers may not care about some of these issues either way.
It is worth noting that if there’s a lot of minor issues, it could potentially hurt the first impression that your house has on potential buyers. The more minor issues you have, the more suspicious they’re likely to be that there may be bigger problems that have yet to be discovered. Major repairs are typically worth doing yourself unless you don’t have the budget to do so or would rather just lower your asking price.
Ultimately, how fast you need to sell and how extensive the repairs needed may help you make the decision.