10 Common "Deal Breakers" for Home Buyers

Preparing to put your home up for sale soon? From repairs to improvements, there are many factors to consider when listing your home! Understanding the top deal breakers for potential home buyers is essential in order to make your property more marketable.

Let's explore the 10 most significant deal breakers and how they can impact your home's saleability:

1. Roof Damage: Missing shingles or water damage can hinder your chances of selling your home. Buyers typically expect a roof that can withstand inclement weather. Inspectors will evaluate roof damage and provide repair estimates, but most buyers are unwilling to pay for a full replacement upfront.

2. Cracked Ceilings and/or Walls: Cracks in walls or ceilings can indicate underlying problems like water damage or construction issues. Buyers will consider these cracks as potential signs of significant issues, prompting further investigation.

3. Foundation Flaws: A cracked foundation or sagging floors are major red flags for buyers. Major foundation issues may require extensive repairs, including excavation and rebuilding. Even minor cracks can deter buyers, leading to a thorough inspection by professionals.

4. Outdated Electrical Wiring: An outdated electrical system poses both safety hazards and expensive repairs. Flickering lights or dimming when appliances run can signal electrical stress and discourage buyers looking for a trouble-free investment.

5. Faulty Plumbing: Plumbing problems that include outdated pipes, low water pressure, or slow drainage can be hidden issues that surprise buyers during inspections. It's crucial to address these problems and obtain repair quotes before listing your home.

6. Water Damage: Any sign of water damage, including stains or evidence of intrusion, raises concerns about potential mold growth. Sellers must disclose past mold problems, which often result in deals falling through. Repairing water damage is a worthwhile investment to reassure buyers.

7. Shotty Remodeling Work: While DIY projects can look aesthetic, improper remodeling can lead to future complications, especially with electrical or plumbing systems. Buyers will be deterred if inspectors uncover hidden issues beneath a visually appealing remodel.

8. Outdated Homes: Selling an older home can be challenging due to the potential need for future repairs and renovations. Providing proof of ongoing maintenance and improvements can help alleviate buyer concerns.

9. Low Appraisal Value: If an appraisal value is significantly lower than the selling price, buyers will question the reasons behind it. They may use it as leverage to negotiate a lower price or simply walk away from the deal.

10. Repairs Prior to Move-In: Buyers prefer homes that don't require significant repairs before moving in. A long list of critical fixes can discourage buyers who would rather spend their money on customizing the home to their preferences.

Understanding these deal breakers allows you to prioritize repairs and improvements that will make your home more appealing to potential buyers. By addressing these issues proactively, you increase your chances of a successful sale and attract buyers who appreciate a well-maintained and problem-free property.

If you're looking to sell your home soon and need a professional to get you started on the right track, get in touch with our team! Call Scott at 856-264-8671 or e-mail us at Scott@zhomesrealestate.com to discuss your goals and game plan today!