My good friend Kim Brown suggested that I title this post "Crap Buyers Will Just Have to Learn to Overlook," but I'm trying to clean up my image (well, maybe just my language), here...
So, my previous two posts were some tough love posts for Sellers, outlining some of the things Buyers don't give a crap about, and several things they DO give a crap about.
It's your turn for a little tough love, Buyers. Don't worry, though, I'll be gentle...
In light of the touted "Buyer's Market", some Buyers are going a little crazy. They feel that they should get any house they want, for any price they want, and the Sellers should make any repairs they want done. I've seen offers come in on properties, asking for the property to be painted colors of the Buyer's choice, and appliances to be replaced. Drunk with power, some Buyers are asking for the moon, and fully expecting the stars to be thrown in for free.
Understand that, with a typical resale purchase, you are purchasing a home as you see it, not as how you want it to be. If you want to put on a larger deck, or want the bedroom painted red to match your linens, or hate the new pink carpeting, well, those are things that you are going to have to take care of on your own. You may make adjustments to your offer price for them to see if the Seller will make concessions that way. However, submitting a list of requested "upgrades" with your offer is the wrong tactic to take.
No house is going to be everything you've ever wanted. You need to have a little vision. Don't even look at paint and carpeting, because it's the cheapest fix around, and you're going to have to replace it at some point anyway. Look beyond their brass faucets, ugly chandelier, and gaudy mural. You can update the home however you like after the purchase. Asking the Seller to update the home to your liking isn't feasible. They're not going to do it.
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