“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Scott Wharton Richmond Home Inspector

Can Staging Help Buyers Look Past Defects?

As home prices decline and mortgage funding dries up, many Realtors® and home sellers have looked to "staging" to help move a home. However, a fresh coat of paint and a little de-cluttering won't necessarily make a savvy buyer overlook more serious problems with a house.

The art of staging prepares a home for sale by removing certain personal items, rearranging furnishings, adding furnishings in empty homes and making minor cosmetic changes to neutralize the home's decor while highlighting the home's virtues. Staging is an important tool that can help make a positive first impression, but today's home buyer is more cautious than ever and still wants to know the true condition of the home behind the fresh coat of paint.

More than 40 percent of resale homes on the market - that's two out of every five - will have at least one serious defect when they are listed for sale. HouseMaster franchises have conducted almost 2 million home inspections system-wide, and their experience revealed that the following issues are most likely to be a major issue to a homebuyer.

•· cracked heat exchanger in furnace

•· failing air-conditioning system

•· environmental hazards, such as radon, water contamination, and asbestos

•· signs of a wet basement

•· defective roofing and/or flashings (or signs of leakage)

•· insect infestation, such as termites or carpenter ants

•· mixed plumbing

•· aluminum wiring

•· horizontal foundation cracks

•· major house settlement

•· undersized electrical system

•· chimney settling/separation/deterioration

Staging a home definitely helps make it more appealing, but making select repairs adds value and marketability to a serious buyer. More home sellers are using a pre-listing home inspection to better understand how potential buyers might view the home's condition. This information can be used to invest in repairs that will make the home more desirable and competitive, or it can be shared with prospective buyers to show that the house was priced in a thoughtful and educated manner. Both approaches give the seller a little more control over the process.

Many homebuyers do purchase houses with aging appliances or other issues. They simply want to factor these repair costs into the home buying equation. Having good, credible information on hand can help people budget wisely and contribute to a smoother negotiation process on both sides of the table.

For more information about common home deficiencies, finding reputable home inspectors, and negotiating tips, visit www.housemaster.com. Or call us at 804-745-4588