How can I put a positive spin when disclosing issues with the home? For example, we've had water in the basement multiple times. We have done things to address the issue and we're pretty positive we've solved it. I don't want to scare off a buyer, but I know we need to honestly say what's happened in the home.
Asked By Tom | Barrington, IL | 560 views | Selling | Updated 1 year ago
I think you are honest and show the work that you have completed and any invoices! I would highly recommend that you reach out to a LOCAL REALTOR that can properly help you set this up for a positive! Often things are done to a home, such as foundation work, and if warranties are in place, it is good to show the work and that a warranty is there to address the issues.
Treat it like interviewing. Go full STAR. Most people just do the (S)ituation and (T)ask water leaked in my basement. Why not go for the (A)ction and (R)esult as well? Example. Water leaked due to heavy rain and loss of power at the home. Explain as a result, we had completely permitted basement remodel from insurance and now have 2 UPS installed in series to keep pumping for X hours during loss of power.
If you are hoping to buy a house, you likely have a budget in mind. Hopefully, that budget includes fees that come with the process, not just the purchase price. The good news for buyers is that they aren't directly responsible for paying their agent. Agent fees usually fall on the seller.