Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

6 Home-Selling Mistakes That Make You Lose Money

July 31, 2023 · Personal Finance
home-selling mistakes
Photo by IanRedding from Shutterstock

4. Hiding the problems

Let’s be honest about this one: Nobody wants to buy a home that has problems. Would you buy a home with problems? Probably not. Most people, when they want to make a big investment, like buying a new home, want to get one that is in good condition so they will not need to start repairing it as soon as they move in. Or even worse, to postpone their move because they have to repair various things.

That means you should avoid home-selling mistakes like this one and always be honest about the problems with your property. If there is something in your home that you can’t repair, you better announce it, even if it is not visible to the naked eye. In the seller’s disclosure, sellers must list any updates, issues, or recent repairs.

All of these things will come up after the inspection, and the best thing is to not let the buyer second-guess their choice. Even if the inspection misses a leak or structural problem but the buyer later can show you were aware of it, you risk being sued.

Pages: 1 2 3 4 5 6 7

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office
  • Amazon Are You Eligible For a Refund From Amazon? Find Out Here!
  • social security, income 7 Social Security Benefits That Will Change SOON
  • Risks, Emergency Fund New Bill Could Send $600 Tariff Rebates to Millions (See If You Qualify!)
  • credit card Medical Debt Relief: States That Act vs. States That Don’t

Related Articles

A senior citizen reviews Medicare documents at a table, with a Medicare card, calendar, and magnifying glass nearby.

An Introduction to Medicare: Parts A, B, C, and D Explained

Understanding Part B: Medical Insurance While Part A covers “inpatient” care, Medicare Part B covers…

Read More →
A person sits at a desk reviewing financial documents in a sunlit room.

Financial Wellness After 50: A Holistic Approach to Your Money

Pillar 3: Smart Money Management for a Changing Lifestyle With your income streams established, the…

Read More →
A smartphone displaying a mobile payment app interface, with a physical wallet and cash visible nearby.

Navigating the Digital Wallet: A Senior’s Guide to Zelle, Venmo, and PayPal

Understanding Venmo: Social and Versatile If you have children or grandchildren, you have almost certainly…

Read More →
Social Security checks, money mistakes and retirees buffett

10 Worst States to Live on Just a Social Security Check

7. Washington Cost-of-living index: 111.6 Average one-bedroom rent (January 2022): $1,376 If Social Security checks…

Read More →
credit cards for amazon purchases, cyber monday, money

10 Best Credit Cards to Use for Amazon Purchases

With millions of interesting things at your fingertips, it’s no wonder that people spend a…

Read More →
Affordable Places recession

10 Places to Escape Recession in 2025- Retiree Edition

As economic uncertainties increase in 2025, many retirees out there consider relocation to stretch their…

Read More →
money

10 IMPORTANT Money Rules To Know by Heart Before You’re 60

Some things in life are so difficult to decipher, that it usually takes an entire…

Read More →
A senior citizen sits at a desk, reviewing paperwork and ignoring a ringing phone, with a computer displaying a secure website.

7 Common Financial Scams Targeting Seniors and How to Avoid Them

Scam #3: Tech Support and Computer Scams As more of our lives move online, from…

Read More →
An interior shot of a modern, well-lit, smaller home, showcasing minimal furnishings and a sense of calm and spaciousness.

Should You Downsize Your Home in Retirement? The Financial Pros and Cons

A Step-by-Step Financial Checklist for Downsizing Making a smart decision about downsizing requires moving from…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2025 The Money Place. All rights reserved.