13 Sep 2013
A Property24 reader asks:
I am selling my house and I have a leak in the roof that you can only see in winter, but I have no money to do the repair. Should I tell the potential buyers about this? What if no one then wants to buy my home?
Francois Venter, Director of Jawitz Properties advises:
You may think that admitting to faults on the property could mean putting a buyer off, or that you won’t get offers if you don’t have the leak fixed, but some buyers may be open to negotiating with you. Perhaps they will ask if you will accept a slightly lower offer in return for you not having to fix the leak before they move in.
You must also realise that some interested buyers may bring in professionals to do their own inspections, so the leak will be discovered one way or another.
A buyer may accept this, but as you live in the house and are aware of the leak, the kinder thing to do would be to tell buyers about it. The buyer who ends up with your home may be more than happy to fix the leak after moving in.
Readers may submit questions to Property24’s Guest Expert panel and/or comment below. We may not be able to answer all questions received, but all will be considered.
About the Author
House for sale in Montana R 1 180 000
Apartment / Flat for sale in Anerley R 430 000
Townhouse for sale in Reyno Ridge & Ext R 870 000
House for sale in Rietondale R 3 250 000
House for sale in Maraisburg R 2 000 000
House for sale in Serengeti Lifestyle Estate R 4 900 000
Apartment / Flat for sale in South Beach R 300 000
House for sale in Marburg R 820 000
House for sale in Ramsgate R 1 495 000
Townhouse for sale in Glen Anil R 1 925 000
If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.
For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.
Please contact our Property24 Support Team for further assistance. Tel. +27 (0)861 111 724