
Wallets strapped homeowners these days are looking to cut expenses. Sometimes, that means deferring maintenance that should be done– things like fixing leaking pipes or getting a new water heater.
But putting off repairs is a losing proposition for homeowners, especially in today’s housing market. That’s because many home buyers are as low on cash as today’s home sellers. House hunters don’t want to inherit another homeowner's problems. They want a home that will require the least cash possible to make it move-in ready. The last thing they want is to have to scrounge up the dough to make desperately needed repairs in their newly bought homes. That means the more repairs that homeowners let slide, the less attractive their homes will be to potential buyers.
And if you’re a homeowner who may be selling your home soon but are planning a remodel, look to make fixes to your home that will be appreciated by today’s buyers–think quality over quantity/size and make needed repairs, remodel your current space instead of adding on, and make eco-friendly upgrades. House hunters aren't going to appreciate your home's pluses if they can't see past its negatives.
