“Question: I had my noisy central air conditioning at my Pacific Beach home looked at and recommendation was to get a new unit for about $3,000. You think that’s something that really should be done before house goes on market?”
Answer:
It’s a judgment call, but I recommend you do not change it now.
When the buyer for your Pacific Beach home has their inspection, they normally request a list of home repairs. Assuming the a/c is on the list, we can use that as a negotiating chip: “We agree to the large expense of a new a/c (or, better, a $3,000 credit), but not most of the other items.”
And if it doesn’t come up, then you’ll save the $3,000.
Note: You must disclose that your air conditioning unit is noisy and if it has any defects. But if the recommendation to replace was just because it’s noisy and there’s no other problem, you should not have to disclose that it “needs” replacement.
Hope that helps…
San Diego short sale expert Gary Kent has written the book on short sales. Gary would like to offer the San Diego Short Sale Guide to you for free – Short Sale Guide.
To find out how much your San Diego home is worth compared to owe much you owe, go to www.ShortOrStaySanDiego.com
The Gary Kent Team 858-457-5368 of Keller Williams is a California Real Estate Broker, License 00862878. We are not licensed to provide legal or tax advice and we encourage our clients to seek legal and/or tax advice early in the short sale process.
by Gary Kent. Gary has successfully helped well over 200 clients and their families sell their homes or other real estate via a short sale. In 1991, he closed his first short sale for a young family, and since has been helping clients get out of stressful financial situations, escape from “under water” mortgages, avoid foreclosure (and the accompanying stigma), save their credit, and maintain their pride through a short sale. You can find Gary on Facebook, Twitter and Google+.
