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Your email address will not be published.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

  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump’s Tariffs
  • 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

Related Articles

documents you should shred

9 Documents You Should Shred for Your Safety

5. Junk mail Junk mail indeed comes in every day and we tend to neglect…

Read More →
most expensive antiques

Top 7 Most Expensive Antiques You Probably Own Too

4. Electronics This category is probably the most unexpected one on this list, but yes,…

Read More →
sell your house

Seniors Only: 4 Signs You Must Sell Your House Right NOW

You still have lots to pay on your mortgage The last important sign to look…

Read More →
scams

8 Dangerous Financial Scams Targeting Seniors

While this may make your stomach turn, lots of senior citizen scams happen every day.…

Read More →
credit card, save

Choose The Right Credit Card With These 4 Tips!

Have you ever wondered if there was a sure-fire way to tell if the credit…

Read More →

8 High Paying Jobs for Introverts

Peaceful Careers Perfect for Introverts and Retirees Seeking Quiet, Independent Work We know how draining…

Read More →
cost of living

Top 11 US States Rated by the Cost of Living

Idaho Idaho’s cost of living is 106.1. As Social Security benefits aren’t taxable, other types…

Read More →
Trump presidency tax plans tariff

Millionaires Share 5 Reasons a Trump Presidency Could Boost Your Wealth!

Could a second Trump presidency improve your wealth? Millionaires say yes! As elections are just…

Read More →
Holiday Scam

Alert: 5 Most Common Holiday Scams to Avoid

Holiday phishing Be sure you pay close attention to the emails you receive from major…

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.