When you are selling a house that needs repairs, is it best to offer back a cashback allowance or lower the price? The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know that if getting top dollar is your goal, then we would suggest trying to do as many as the repairs that you can by yourself. Try to beef up your curb appeal, and make the home as attractive as possible and then get a bid from a licensed/bonded contractor for repair of the remaining items. Buyers feel better about doing repairs when they know just how much it could cost. If you don’t have the time to implement the above plan, then you will need to price your home below the comps to make it look more attractive via price. Sometimes cosmetic issues can lower the value more than it would cost to cure the items, so getting them fixed with borrowed money might work out best. Check out below to see what sold in Deerbrook in February 2016:
If the items that need repairing are major, get bids and attach them to the seller’s disclosure and have your agent write into the comments of the listing that the repairs have been factored into the price. For more information on Deerbrook, or similar Northville or Novi neighborhoods such as Yorkshire Place, Royal Crown and Maple Hill, contact The DiMora Team today at 248-505-7728 or email@example.com.