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Your email address will not be published.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

  • amazon prime, money Here’s How to Get Your Refund From Amazon’s $2.5B FTC Settlement
  • social security, Social Security task Who Will Receive Social Security Payments on January 14, 21, and 28?
  • 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

Related Articles

Financial freedom

These 8 Habits Will Make You Reach Financial Freedom

Whilst every individual’s idea of financial freedom is unique, there are some things that tend…

Read More →
retirement contributions 2023

Ready to Max Out Your 401(k) in 2023? Here Are The Steps!

Select low-cost funds Each and every fund in your 401(k) plan will charge a variety…

Read More →
lottery

Still Playing The Lottery? Here Are 10 Reasons to Stop

Why Play the Lottery When You Can Live a Better Life? The temptation of playing…

Read More →
Recession

A Recession Is Upon Us! Here Are 8 Things You Don’t Know About Them!

IS A Recession Upon Us? Two consecutive quarters of negative market value readings have sparked…

Read More →
annuity

Is an Annuity a Good Idea if You Don’t Have High Net Worth?

Are Annuities the Right Fit for You? This is often seen as a good way…

Read More →
A graph showing the rising cost of groceries, gas, and utilities over time, alongside a relatively flat line representing fixed retirement income.

The Sneaky Ways Inflation is Eroding Your Retirement Savings

Healthcare Costs: Inflation’s Supercharged Effect on Retirees For retirees, healthcare is one of the largest…

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 →
effects of World War III

5 Economic Effects of World War III

Will we have a World War III in 2025? And what will be the effects…

Read More →
jobs that earn a lot

19 Jobs Where You Can Earn Over $150,000

Do You Want to Earn Over $150,000? Apply for These 19 Jobs: How would you…

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

© 2026 The Money Place. All rights reserved.