1) OLD ROOF – A proper roofing replacement may cost around from $10,000 to $20,000 for a typical 4 bedroom North Suburban home. A second layer may be as little as $4,000.
2) IMPROPERLY FUNCTIONING APPLIANCES – Buyers believe that furnaces, air conditioners, and fireplaces are expensive to repair or replace.
3) EXCESSIVE MAINTENANCE REQUIREMENTS – Excessive number of maintenance items indicate the owners didn’t care for the home. Leaves a suspicion of unforeseen items.
4) UNSAFE CONDITIONS – Broken handrails or balusters, treads, structural members, garage structures, homeowner attempts to repair or modify features of the home that they do not understand.
5) MOISTURE INFILTRATION – Often the first question from the buyer. Is the basement dry? Often, the causes for basement moisture are easily rectified and for little or no cost.
6) EXISTANCES OF HAZARDOUS MATERIALS – Asbestos, lead, radon, and carbon monoxide are significant health risks but all can be managed quite easily.
7) STRUCTURAL SETTLEMENT OR DEFECTS – Active structural movement or differential settlement can be very expensive to repair or shore up. Initial settlement, which may have happened 30 to 40 years ago, may not be of much concern.
8) MOLD – One of the top concerns of all parties involved. Also the least understood by all involved.
9) REAL ESTATE TRANSACTION PARTICIPANTS – Many sales have fallen apart when one or more parties involved have acted in bad faith.
10) SELLERS WHO ARE UNWILLING – to compromise with the buyers or who are dealing in bad faith.
Call Jim Butz at ASI to find how you can keep your
transaction on track and moving smoothly.
(847) 205-9844
