Don’t Let Repairs Delay Your Home Sale: What Every Seller Needs to Know
Don’t Let Repairs Delay Your Home Sale: What Every Seller Needs to Know
When you’re selling your home, excitement and anticipation can quickly turn to stress if unexpected delays pop up—especially when it comes to repairs. Many sellers are surprised to learn that even minor repairs or paperwork oversights can quietly stall the closing process, sometimes for weeks. Let’s break down some of the most common repair-related pitfalls and how you can avoid them for a seamless sale.
1. Incomplete or Unfinished Repairs
It’s tempting to check repairs off your list quickly, but incomplete fixes are a red flag for buyers, inspectors, and lenders alike. For example, if you promise to fix a leaky faucet or patch a hole in the drywall, make sure the job is done thoroughly and professionally. Shoddy work or half-finished projects can trigger re-inspections or even renegotiations—both of which can delay closing day.
2. Missing Repair Receipts and Documentation
Buyers and their lenders often want proof that repairs were completed by licensed professionals, especially for major systems like electrical, plumbing, or roofing. If you’ve had work done, keep all invoices, warranties, and receipts handy. Not having this paperwork ready can lead to last-minute scrambling, additional questions, or even requests for new repairs.
3. Lender-Required Repairs
Sometimes, the buyer’s lender steps in and requires specific repairs before they’ll approve the loan. These might include safety issues—think broken handrails, missing smoke detectors, or peeling paint in older homes. If these repairs aren’t handled promptly, the lender may refuse to fund the mortgage, putting your entire sale on hold.
4. Last-Minute Re-Inspections
After repairs are made, buyers or their agents may request a re-inspection to verify the work. If the repairs aren’t up to par, or if new issues are discovered, you could face more delays. Scheduling these follow-ups takes time, so the earlier you complete repairs, the better.
How to Keep Your Closing on Track
- Plan Ahead: Address potential repair issues as soon as you decide to sell. A pre-listing inspection can reveal hidden problems before they become deal-breakers.
- Hire Professionals: DIY fixes can be tempting, but professional repairs are more likely to satisfy inspectors, buyers, and lenders.
- Document Everything: Keep a file with all repair receipts, warranties, and contractor info. This makes it easy to answer questions and provide proof if needed.
- Communicate Early: Let your real estate agent know about any repairs you’ve made or plan to make. They can help you anticipate what buyers and lenders might ask for.
Remember, small details can cause big holdups—but with the right preparation, you can keep your sale moving forward smoothly.
Want a smoother closing? Don’t let repairs slow you down. Reach out to me before you list or start repairs, and I’ll help you navigate the process from start to finish.
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