Turning Real Estate into a Home
Recently I spoke with a client who was moving out of their old house and into a new one. The only things left to move were an old clothes dryer and a curio cabinet she didn’t use anymore.
“Why don’t you put them out to the road?” I asked. “Someone will pick them up.”
“Oh no,” she replied. “They’re valuable. I just need to rent a storage locker and a U-Haul to pick them up.”
When is it reasonable for a Buyer to work on a home before owning it? While there is nothing wrong legally with a Buyer getting a head start on changes before the closing, in my experience you have to weigh the risk and reward. Sometimes it turns out fine, and sometimes it doesn’t.
I have been a Realtor in Genesee County since 2003 and I have never experienced the trend that I am experiencing now. 6 out of my last 10 clients are selling their homes after only living in them for 2 years.