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Do inspections and disclosures really lower the value of your home?
A lot of home sellers out there certainly seem to think so. However, this isn’t true at all. That’s not how the value of a home is determined. A home’s value is determined by its size, location, upgrades, and the competition of the market itself.
” Never be afraid of an inspection or a disclosure.”
A disclosure actually increases the value of a house. For example, if your house had mold, buyers will be perfectly fine with that as long as it was taken care of. That kind of thing won’t affect your home’s value. In fact, it’s way better to disclose things up front and reveal that nothing is hidden. Buyers don’t want to be surprised by anything when they move in—they want to know about it now.
Due diligence is the key to success, so an accurate description of your house, its history, and the repairs you’ve made to it makes everyone feel much better about the transaction.
If you have any questions or you’re thinking of buying or selling a home in our market, don’t hesitate to give me a call or send me an email. I look forward to hearing from you.