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Why it pays to make repairs
Did you know that every dollar you spend in home repairs today can help increase your profit when you decide to sell? One of the best ways to maximize your selling price is to make needed repairs before your house goes on the market.
Most buyers tend to overestimate the cost of repairs and may use that perception to significantly reduce their offer on your home. Before you list, look at your home as if you were a prospective buyer to identify repairs that should be made. Roofs and gutters are the first place people look and a fresh coat of paint can work wonders just about anywhere.
Lenders may require that repairs be performed before closing and you need to make sure you don’t pay twice for the same repairs – once for the actual repair cost and again in a lower selling price. The most common repairs include:
* Clean, repair or replace the roof
* Repair, paint or clean the porch or deck
* Fix or replace plumbing fixtures or leaks
* Replace torn screens or broken windows
* Fix stairs and/or handrails
* Replace exterior locks
* Replace broken or leaky gutters
* Service air conditioning and ... more

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