Replace The Carpet Or Give Credit

Sellers struggle with the dilemma of whether to leave the old carpet and give a carpet allowance some states do not allow seller give backs so it would reflect as a purchase price reduction or put down new carpet.

Replace the carpet or give credit.

Not all of these situations require replacement. Threadbare areas warping or stretching and odors or stains that do not go away no matter how often you clean the carpet are all clues that it may be time to replace that old carpet. Selling house with bad carpet replace before showing or give buyers a credit. These reasons may include events such as buying or selling a home water damage discoloration or wear of carpet from long term use and permanent damage from stains or pets just to name a few.

How many days on market do you think that took the landlord to lease a dirty worn out smelly carpet. If you re a landlord be check the carpet s warranty. Carpet allowance makes about as much cents as telling the renter to have the carpet cleaned before they move in. Even though the cost of carpet replacement is a few thousand dollars at most the perceived value of the home drops much more than that.

3 reasons to replace your carpet instead of offering an allowance apple valley rosemount mn as a real estate agent specializing in listing south of the river homes for sale i hear this. That is a common question from sellers these days. This questions comes up so often. The quality of your carpet should also reflect your listing price.

You can skip to the end and leave a response. Carpets have a life expectancy of about 10 years. I plan to sell my deceased father s home this summer. While your carpets don t have an expiration date several signs indicate it may be time to replace that floor covering.

At some point we have to consider replacing carpet. Know a carpet s life expectancy. Not only is it expensive but it is also a huge inconvenience rearranging everything in the house to make way for the carpet installers. The best answer is replace the carpet.

If you re a tenant ask to see proof of how old the carpet is and when the landlord expects to replace it. It s 5 years old in the seattle area and is generally in good shape but the carpet especially on the second floor is in bad shape from spills and wheelchair tracks. Should i replace the carpet or offer an allowance. Home inspection home repairs seller credits seller credits for closing costs seller credits to closing costs this entry was posted on monday march 2nd 2020 at 8 49 am and is filed under underwriting rules you can follow any responses to this entry through the rss 2 0 feed.

Many times the sellers just want to offer a carpet allowance instead of fronting the money for new carpeting. You can even ask that this information be documented in the lease. Let me explain why i say this.