If you’ve been trying to sell your Florida real estate property with no luck, don’t give up. There are many interested home buyers in the market today with good credit who are just cautious when considering an investment into home.

Slow moving buyers can make it seem like your home is never going sale. Some of their hesitation may be issues with your Oviedo real estate property or other similar home that are scaring away potential home buyers.

Common Deal Breakers with Real Estate Properties

Experts have identified the top four potential deal breakers that could keep home buyers from purchasing your Oviedo homes for sale or other real estate properties. By verifying none of these concerns are a problem with your home helps you stand firm in your price and may even serve as a solid selling point for you.

  1. Roofing Concerns: Many sellers believe that if their roof is not leaking, it is in acceptable condition. However, underlying issues may exist.
  2. Electrical Problems: Some electrical panel models might be old and discontinued. These could possibly be a fire hazard. Although they usually are pretty straightforward to replace, the potential fire risk can be scary for prospective home buyers.
  3. Structural Issues: Fortunately, major structural issues are the least common real estate deal killers. But when defects like this do occur, they can be costly to repair. Structural engineers and other building professionals should be consulted to get specifics on the scope of repairs that will be needed to resolve this type of problem.
  4. Synthetic stucco or exterior insulation and finish systems (EIFS): Overall, EIFS can be effective economical alternatives to traditional stucco. Unfortunately, installation issues often lead to moisture being trapped behind the siding, causing mold and extensive deterioration. In many cases, the siding has to be replaced, often with a different type of siding, which can cost tens of thousands of dollars.

Be sure to address these issues before you sell so that you are not caught off guard by savvy home buyers. According to experts, more and more home sellers are getting a prelisting home inspection that helps identify potential deal breaking issues before the house is actually listed on the market.

Consult with a Real Estate Professional

If your real estate property is not selling, you should take some time to talk to an experienced real estate group in your local area, like Berkshire Hathaway HomeServices (BHHS) Florida Realty.

BHHS Florida Realty has been working with clients all across Florida for years. With more than 39 offices across the state, our knowledgeable real estate professional know the market very well.

One of the most valuable things a BHHS Florida Realty professional will do for you is to get the latest numbers on recent sales of comparable homes in the neighborhood. This will help you set the right price, which is a driving factor to getting potential buyers through the door.

At BHHS Florida Realty, we also will market your home aggressively so that your target home buyers will see your property when looking through the local listing.

Call or visit our office today so we can assess your Oviedo real estate property and give you information on how the local housing market is doing this season.

Florida Realty News
Florida Realty News
Berkshire Hathaway HomeServices Florida Realty, a wholly-owned subsidiary of WCI Communities, has over 39 locations and more than 1,650 real estate sales professionals and team members serving 17 counties throughout Florida.
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