Necessary Repair of Cosmetic Update?
Repairing something that needs attention and remodeling something that's dated aren't necessarily the same decision.
A roof that needs replacement is a different issue from kitchen cabinets that simply aren't today's favorite color.
And property condition can matter when you sell.
Buyers using FHA, VA or USDA financing may face stricter property-condition requirements, which means certain repairs could be necessary for the transaction.
But that doesn't mean every dated feature needs to be replaced before putting your home on the market.
Necessary repair? Cosmetic update? Major renovation?
Talk with your realtor about what makes sense for your property, your likely buyers and your local market before spending the money.
Sometimes a smaller solution is the better solution.
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Robert Clark
Home Loan Consultant
Firestone Financial Group
209-227-7745
559-476-9279
rbrtclark53@gmail.com
robertclarkloans.com
NMLS #357788 | Firestone Financial Group NMLS #301522
CA DRE #01148307 | Equal Housing Lender
Advertising Disclosure: This information is provided for educational purposes only and should not be considered legal, tax, financial, or real estate advice. Property and financing requirements vary. Loan programs, underwriting guidelines, rates, fees and eligibility requirements are subject to change. All financing is subject to borrower qualification, credit and property approval, and applicable program guidelines.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.