Replace The Carpet Or Give Credit

I plan to sell my deceased father s home this summer.

Replace the carpet or give credit.

The best answer is replace the carpet. Let me explain why i say this. Carpet allowance makes about as much cents as telling the renter to have the carpet cleaned before they move in. How many days on market do you think that took the landlord to lease a dirty worn out smelly carpet.

3 reasons to replace your carpet instead of offering an allowance apple valley rosemount mn as a real estate agent specializing in listing south of the river homes for sale i hear this. Threadbare areas warping or stretching and odors or stains that do not go away no matter how often you clean the carpet are all clues that it may be time to replace that old carpet. Home inspection home repairs seller credits seller credits for closing costs seller credits to closing costs this entry was posted on monday march 2nd 2020 at 8 49 am and is filed under underwriting rules you can follow any responses to this entry through the rss 2 0 feed. Should i replace the carpet or offer an allowance.

Carpets have a life expectancy of about 10 years. Many times the sellers just want to offer a carpet allowance instead of fronting the money for new carpeting. Selling house with bad carpet replace before showing or give buyers a credit. At some point we have to consider replacing carpet.

Even though the cost of carpet replacement is a few thousand dollars at most the perceived value of the home drops much more than that. Not all of these situations require replacement. That is a common question from sellers these days. Sellers struggle with the dilemma of whether to leave the old carpet and give a carpet allowance some states do not allow seller give backs so it would reflect as a purchase price reduction or put down new carpet.

This questions comes up so often. It s 5 years old in the seattle area and is generally in good shape but the carpet especially on the second floor is in bad shape from spills and wheelchair tracks. You can skip to the end and leave a response. Lets not be lazy here replace and repaint or open up for negotiations with investors and low ballers where you loose.

If a buyer sees a high priced house with carpet that needs replacing many buyers will walk away. These reasons may include events such as buying or selling a home water damage discoloration or wear of carpet from long term use and permanent damage from stains or pets just to name a few. While your carpets don t have an expiration date several signs indicate it may be time to replace that floor covering. Pay a portion of the total.

Know a carpet s life expectancy. The quality of your carpet should also reflect your listing price. You can even ask that this information be documented in the lease.