Replace The Carpet Or Give Credit

If a buyer sees a high priced house with carpet that needs replacing many buyers will walk away.

Replace the carpet or give credit.

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. The quality of your carpet should also reflect your listing price. Should i replace the carpet or offer an allowance. At some point we have to consider replacing carpet.

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. While your carpets don t have an expiration date several signs indicate it may be time to replace that floor covering. 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.

Know a carpet s life expectancy. I plan to sell my deceased father s home this summer. Many times the sellers just want to offer a carpet allowance instead of fronting the money for new carpeting. That is a common question from sellers these days.

If you re a tenant ask to see proof of how old the carpet is and when the landlord expects to replace it. Pay a portion of the total. 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. 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.

Selling house with bad carpet replace before showing or give buyers a credit. Let me explain why i say this. This questions comes up so often. Carpets have a life expectancy of about 10 years.

Carpet allowance makes about as much cents as telling the renter to have the carpet cleaned before they move in. 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. Not all of these situations require replacement. You can even ask that this information be documented in the lease.

The best answer is replace the carpet. How many days on market do you think that took the landlord to lease a dirty worn out smelly 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.