Deal Breakers: Top 5 Issues That Kill Your Home Sale

Deal Breakers: Top 5 Issues That Kill Your Home Sale

I need to sell my house fast in Pittsburgh. Can you help me? We often receive requests like these from homeowners in Pittsburgh. Selling a home is an enormous challenge, especially when you want to make a quick sale and enjoy hefty profits. While every home sale has its share of challenges and complexities, there are a few deal-breakers that can kill a deal altogether.

Being aware of these issues and eliminating them before putting your home on the market can help you sell a house fast in Pittsburgh. This article walks you through some of the major issues that cause your home sales to fall apart.

1. Water Penetration

Whether you have a leaking roof or a basement prone to flooding, buyers often steer clear of homes with water problems. Even minor water troubles like signs of mold, rot, or general water seepage can cause the deal to falter. Fortunately, water troubles are easy to remedy, albeit a bit costly. Connect with the best contractors in your local neighborhood and try to eliminate signs of water trouble at the source.

2. Mold Infestation

Understandably, buyers are reluctant to take on a home with mold problems. Mold inside the home indicates signs of possible water logging or water seepage. Additionally, mold also poses significant health risks to potential buyers. Some people are sensitive to mold as it can trigger allergies. If you notice mold in your home, call professional mold removal companies that eliminate it right at the source and prevent a reoccurrence.

3. Clogged Septic Systems

A clogged or faulty septic system can make buyers think twice before committing to your property. Most lenders require homes to have a working septic system before sanctioning the mortgage. So, if your septic system is faulty, the chances are that the buyer’s mortgage won’t go through, and the sale is likely to tank.

Repairing a faulty septic system is expensive. The estimates are around $30,000 or more. If you’re strapped for cash, the better alternative is to go for an as-is home sale. Cash home buyers in Pittsburgh purchase your home as-is in any condition, and you can complete the sale without spending a fortune on repairs.

4. Structural Issues

If buyers notice structural trouble, they will likely run from the deal. Structural issues cost a lot of money, and few buyers are willing to pay for this costly expense unless they buy the property dirt cheap. If you’re aware of structural damage, you’ve got two options. You can either pay to get it fixed or sell your home as-is to a willing cash home buyer in Pittsburgh.

5. Pest Infestations

There are plenty of critters that would love to share your home with you, including termites, rats, mice, roaches, bats, and squirrels. But that doesn’t mean you should let them stay where they are. A minor pest problem is acceptable and is part of homeownership. But, if buyers notice major pest infestations, they are likely to back out of the deal.

How to Handle Deal Breakers

As a home seller, rectifying and eliminating these issues before listing your home on the market helps you earn top dollar from the sale. However, if you don’t have the budget for repairs, consider alternate selling methods like approaching a cash buyer.

Above all, be honest with the buyer. Never try to sweep any issue under the carpet because it can cause significant troubles down the line if the buyer finds you lied. You might even get sued. Disclose any problems in the house to potential buyers and then take the negotiations forward from there.

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