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 Moreletapark Ext 1 R 2 100 000
House for sale in Normandie R 850 000
House for sale in Die Wingerd R 1 945 000
Vacant Land / Plot for sale in Willow Acres Estate R 460 000
House for sale in Del Judor R 1 280 000
Townhouse for sale in Moreletapark R 980 000
Townhouse for sale in Moreletapark R 1 995 000
Townhouse for sale in Six Fountains R 1 950 000
Apartment / Flat for sale in Pretoria North R 485 000
House for sale in De Bakke R 3 675 000
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 Customer Service Centre for further assistance. Tel. +27 (0)861 111 724