- Unappealing Paint: This is one of the easiest and cheapest fixes, especially if you do it yourself. Don't let someone's poor taste in paint colors persuade you not to buy.
- Outdated Wallpaper: It will take work to remove old wallpaper, but doing so is cheap.
- Tired Kitchen Cabinets: Cabinet refacing can be done inexpensively and make your old cabinets look new.
- Wall to Wall Mirrors: They might have been hip in the 1970s or '80s, but now they are eyesores that can be removed and replaced with paint.
- Drab Window Treatments: They may be one of the first things you notice when you walk into a house. You can either offer them to the old owners, or throw them out and buy whatever you want to replace them.
- Broken Air Conditioner or Furnace: While buying a new one is a major expense, some fixes are inexpensive. A pump for a boiler, for example, may cost a mere $250, so having to fix one shouldn't necessarily stop you from buying an otherwise good home.
- Lack of Closet Doors: Such an inexpensive fix it would be silly to walk away from a house because there arent' any closet doors.
- Discolored Bathroom Grout: Buyers who see this may mistake it as the sign of a moldy house. While mildew can lead to problems, have the home inspector check if it's something that can be fixed with a little scrubbing.
Thursday, October 18, 2012
8 Home Flaws That Buyers Can Overlook
No house is perfect. No matter how hard you look or how many homes your real-estate agent shows you, getting everything you want when buying a home — and getting it in perfect condition — is impossible.
After shopping around for the lowest mortgage rates, you don't want to walk away from a house you like because it needs a few minor repairs, real-estate experts say. The price of the repairs should be factored into what you're paying for the home, and mortgage lenders can help you pull money out of a home sale.
So before you decide to cross a house off your list, here are eight minor home flaws that shouldn't deter you from buying a home. Full Article