Things That Scare Off Homebuyers

There’s many different things that can make or break a home sale. When you’re selling your home, you want it to be as attractive as possible to buyers. Besides proper staging, there’s plenty of things that you can do to attract buyers and get the best price for your home. 

Don’t Let Gutters Hold You Back

Routine gutter maintenance can save you a lot of grief later. Just simply taking the time to clean your gutters can prevent a lot of damage to the foundation of your home. Water will be able to run off to surface of your home properly. 

The Roof Is A Problem Area

Roofs typically last anywhere between 20 and 25 years. If it’s approaching the end of its lifespan, or if it needs repairs, you’re wise as a seller to spend money on the roof. It will keep buyers interested, and you’ll be able to negotiate a better return on the sale of your home. You can even get a certification that the roof is in good shape to help you during the inspection phase. 

Buyers Want Modern Appliances

While replacing some appliances doesn’t seem like that big of a deal to homebuyers, having more modern appliances in your home helps buyers to see that you have done some updating. It won’t leave buyers wondering what else needs to be replaced in the home if the appliances are from the current decade.   

The Doors And Windows Are A Pathway To Selling

When potential buyers enter your home, expect them to open your doors and windows. Any windows that are stuck or doors that don’t work properly can be red flags to buyers who are looking for homes that have been well-kept. Replacing the windows in your home can bring you a return of between 50 and 80%. Complete replacement may not be necessary if the windows are still functioning as they should. 

Maintain HVAC Units For Happy Buyers

Typical well-cared for HVAC systems can last up to 25 years. One that is aging can be a problem area for some buyers. If you don’t want to lose a sale, an old heating and cooling system can be an issue for you as a seller. Keep in mind that this could also be a place for negotiations during the sale of the home.  

The Foundation Gives Buyers An Overall Picture Of The Home

Cracks in the walls or the foundation itself can be a sign of larger problems in the home. You should fix any cracks in the foundation or issues with the walls. Definitely have a plan in place in case buyers worry about any repairs that were made to the foundation, especially after the inspection. 

Harmful Substances

One of the big areas that can be a deal breaker in the sale of a home is the discovery of radon. This is a radioactive gas that is a proven carcinogenic. It’s found in rocks, salt, soil and water. This one thing can throw both buyers and sellers for a loop, so do your research in the selling process. 

Don’t Be Overzealous In Your Listing Price


One of the biggest reasons that you won’t find the right buyer for your home is the listing price. Without a good pricing strategy, your home could stay on the market for a long time. Be sure that you’re not listing a property above the market value so you’re not missing out on the right buyers.

Can A Seller Back Out Of The Sale?

If you are selling a home, often, you hear of buyers backing out at the last minute due to financing difficulties or an inspection issue. While less common, it’s also not unheard of for the seller themselves to actually back out of the sale of a home. 

Living in one place for a long time goes along with a strong emotional attachment to that place. Signing a contract, however, does not take into account these strong emotional ties that a seller may have to a home. Once a contract is signed, you have a legal obligation and have shown clear intent to sell the home. This could put you in a serious legal bind as a seller.

What If You’re Having Second Thoughts?

Ideally, before you even sell your home, you’ll have thought the decision through with a clear list of pros and cons. If you didn’t do this for some reason, you may want to sit down and re-examine all of the reasons you wanted to sell your home in the first place. Then, you’ll want to look at all of the reasons that you want to stay in the home. 

Why Do We Move?

Often, people decide to sell heir homes based on life circumstances and needs. If you have changed jobs and found a home closer to your new workplace, backing out of the sale of your home might not be the best idea. Your home may be too big as the kids have grown and you want to downsize. Your family may have outgrown your old home and you need a larger space for everyone to be comfortable. These are all great reasons to move. However, our deep emotional attachments to our homes can sometimes hinder us from seeing this clearly.

You Need A Good Reason To Back Out Of A Sale

Sellers don’t have the same rights as buyers when it comes to buying a home. There is no “grace period” for sellers that will allow them to back out without question. If you do decide that you want to stay, you have the option of buying yourself out. You’ll need to consider what costs the buyer has put into trying to buy your home as well. If the buyer has been deeply inconvenienced by your rescinding of the sale, you could end up paying out quite a bit to get your home back. For this reason, you really, really have to want it for the decision to take your home back to make sense. You could end up needing to reimburse the buyer for things like:

  • Temporary housing rentals
  • Deposits
  • Storage costs
  • Inspection fees
  • Legal fees

Your listing agent is involved in this as well. Not only have you affected another party greatly by your decision not to sell, but you have cost your realtor time and money. They could end up suing you for lost expenses and commission. In other words, backing out of the sale of your home could be a smooth transition, or it could be a really big legal headache.

Read Every Contract

While buying and selling a home requires a lot of signatures, make sure you understand what you’re signing throughout the process. Your contracts could state something that helps to give you an out. A common item on contracts for sellers is “contingent upon seller finding suitable housing.” This would have had to have been present on your sales contract. Another saving clause is “gaining required approval from family members.” 

Buyer’s remorse is still more common than seller’s remorse, but this kind of thing does happen. Just understand what the consequences are before you decide to back out of the sale of your home.

When Is A Good Time To Buy A Home?

If you’re planning on buying a new home sometime in the near future, you may be wondering when the best time of year to buy a home really is. There’s many theories about when the best time of year to buy a home is. It’s widely known that inventory on homes available for sale picks up in spring. That means that inventory increases, but so too does the volume of competition for people who are buying homes. Just because spring is busy, in real estate that doesn’t mean that it’s necessarily the best time to buy. 

Spring is, however, a great time to sell your home. The same goes for the summer as the buying frenzy continues right into the fall for most home buyers. As a buyer or a seller, you’ll want to have a good understanding of the housing market no matter what time of year you’re making your property transactions. Whether you’re buying or selling, you’ll want to know how to get the best bang for your buck. While many people are ready for a change after the long winter months, yet, many people can hold out through other times of the year. 

The Market Changes With The Seasons


As the seasons change, so too do the number of people selling versus the number of people who are looking to buy. If you don’t mind the competition and know what you’re looking for, any time is a good time to buy. As a buyer, you’ll either be facing low inventory, tough competition, or a combination of the two. If you’re scoping out the type of home you’d like to live in, you’ll want to browse in the spring. Have your pre-approval ready just in case you find a home you love at the right price. If you’re not in a rush, spring shopping can give you a good idea of what’s out there for you. You’ll be able to narrow down the type of home you want and where you’d like to live when the time is right.

There’s Really No Golden Rule For Timing

When it comes to buying and selling real estate, there is no sweet spot during the year as to when you’ll have better luck. Being prepared and understanding the trends in your area are a good start. When you hire the right real estate agent, they can be your advocate throughout the process of either buying or selling. Agents can research different trends from the time of year that properties are sold in a certain neighborhood right through to the correct pricing for a home just like yours or the one you are looking for.

Costs You Should Plan For When Selling A Home

When you sell something, you expect to make a profit on the sale. It doesn’t quite always work this way when you sell a home. While you may count the sale of your home as “all profit,” there will be some significant upfront costs that you’ll incur when it comes to selling your home. Planning the sale of your home can help you to manage these expenses and sell your home faster.  

Upfront Costs

The first costs that you will incur when you’re selling a home will usually be of the cosmetic and repair nature. These will include things like painting, small fixes, and 

Paint Your Home

Although you may love the bright green living room, another homebuyer may not. It would be worth your investment to stage your home well. An important renovation might include painting the rooms on the inside of your home neutral colors. Refreshing the trim on your windows also helps to make the interior of your home shine. You can paint around the windows for a quick update to the inside of your home. Paint can cost anywhere from a few hundred dollars to over $1,000.  

Clean Everywhere

If you wash your windows, it could add some value to your home and help it sell faster. When the windows sparkle, they will undoubtedly make a very positive impact on the buyer. Get rid of dust, dirt and grime, especially from the obvious spaces in your home.  

Landscaping

The outside of your home is also very important. Do some quick yard maintenance for a better look for the exterior of your home. Rake up the leaves. Trim the bushes. Mow the lawn. Make your home appear as pristine as possible. 

Repairs

Anything that needs to be repaired in the home should be. This will help you out during the inspection period. Things like leaky sinks, cracks in the walls, and holes in the roof are obvious and should be addressed before your home even goes on the market.                  

Stage Your Home

Take the time to make sure all of your furniture is arranged in a neat manner. The rugs should be streamlined with the chairs and tables. If things look a little cramped in any room, either take a piece of furniture out or move the room around in order to make it appear more spacious. 

Keep Your Utilities Running

If you need to move out before you get your home sold, make sure that you leave your utilities on. This way, there’s lights and heat available for potential buyers as they walk through the home to discover if they can see themselves living there.