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What Should I Do If I’m Selling A House With A Leaky Basement

When you are selling your home, you are bound to worry about whether certain areas or fixtures might end up turning away potential buyers. While there are certain flaws a buyer could easily overlook, a leaky basement is one problem you should have fixed even if you are no longer planning to live there anymore.

However, if you are still feeling a little stubborn about it, here are just a few reasons you should consider fixing the leak before the open house.

1. Buyers that know the basement is leaky are going to demand a lower price!

When you are putting your house on the market, a realtor will ask about any water problems your home may have. While you should always answer honestly, this fact is bound to turn away potential buyers and cause you to get less than you want for the house.

2. If they hire a home inspector, they will find out about the leak and more!

So your realtor didn’t ask about the leak or you didn’t think to mention it to them. That does not mean you are in the clear just yet. Any smart buyer knows to have a home professionally inspected before committing to the purchase and will find about the condition of your foundation and any signs of basement leakage.

3. A potential buyer might not even bother to make an offer on a house with basement leakage!

Even if your basement leakage isn’t that obvious, a potential buyer may see a little leak or a small foundation crack as a sign of major foundation damage and not bother to make you an offer at all. Your leakage or foundation crack could be a rather minor and easy fix, but your buyer isn’t going to see it that way.

4. You could be in legal trouble if you lied about the leakage!

If you did not mention the basement leakage or chose to lie about it, you could be putting yourself in legal trouble later on. That’s right, neglecting to mention basement leakage or lying about its existence could cost you a lot more than it would have to fix the problem in the first place.

So before you plan on putting your house on the market, save yourself some trouble and get it repaired by the professionals at AAAction Waterproofing.

This entry was posted in Foundation Repair on August, 23, 2016