2007-10-15 10:19:22 · 2 answers · asked by Mikey 2 in Business & Finance ➔ Renting & Real Estate
It all depends on the type of repairs required. If the repairs are simply cosmetic, you can reduce the price to cover the costs and a buyer will probably go for it. If, on the other hand, the repairs could impact structural integrity or create a safety hazard the lender will require the repairs be done prior to funding the buyer's loan.
2007-10-15 10:25:57 · answer #1 · answered by Anonymous · 0⤊ 0⤋
How quickly do you want to sell your house? If you fix it up first then, the buyers do not need to visualize repairs that need to be done. Any repairs you can do that bring you more value (kitchen repairs, exterior paint) than the cost are worth doing first.
Have you had a chance to speak with a real estate professional?
2007-10-15 10:41:55 · answer #2 · answered by William H 5 · 0⤊ 0⤋