MAKE NECESSARY REPAIRS.
Of all the things homeowners control when selling their home, the condition of the property is the most important. There are probably some problems in your home that you have become used to. Attend to them now. A serious prospect will likely have a professional home inspection. Making repairs beforehand will leave less for the prospect's inspector to find.
Repair all items that fall into the following 5 categories:
1. Any major defect such as a structural problem.
2. Small defects that lead to major defects such as a small roof flashing leak.
3. Items that may hinder your buyer's ability to finance, legally occupy, or insure the property.
4. Any safety hazard such as a missing hole covers at the electrical panel.
5. Minor items noticeable to prospects such as a leaking faucet.
Tip: Save repair receipts for tax purposes and for inclusion in your promotional packets.
DON'T MAKE REPAIRS YOURSELF IF YOU ARE NOT QUALIFIED.
· Your prospects or their inspectors may recognize sub-standard work.
· Doing it yourself may take too long.
· You could create a safety hazard.
· The value of your own labor is not tax deductible.
· You will be blamed for faulty repairs discovered later