There is no perfect house. No matter how hard you look or how many homes your real estate agent shows you, getting everything you want when buying a home -- and getting it in perfect condition -- is impossible.

Even new homes will have a feature or two you may not like and will want to change.

If you've ever toured homes for sale, or watched hard-to-please homebuyers on HGTV's "House Hunters," you know there are always kitchen cabinets that are outdated, pink walls to be repainted or bathroom wallpaper that looks like it is 100 years old.

After shopping around for the lowest mortgage rates, you don't want to walk away from a house you like because it needs a few minor repairs, real estate experts say. The repair's price should be factored into what you're paying for the home, and mortgage lenders can help you pull money out of a home sale. For example, sellers may contribute to the repair bills, and some mortgages, like an FHA 203(k) loan, factor repair costs into the overall loan amount.

Sep Niakan, a real estate broker in Miami, says he's had clients walk away from homes because they can't see past minor flaws.

"Many buyers want to see an end product. They don't have a vision for what it could be with just a couple of tweaks," Niakan says.

So before you decide to cross a house off your list, here eight minor home flaws that shouldn't deter you from buying a home:

No. 1: Unappealing paint. This is one of the easiest and cheapest fixes, especially if you do it yourself. Don't let someone's poor taste in paint colors convince you not to buy. Most buyers who Niakan has worked with would rather pay a premium for a house that doesn't need fixes than take the time and money to do the repairs themselves. That's true even when the changes will cost less than a "perfect" house, he says. Even buyers of premium homes that don't need many changes still alter the home after they move in, Niakan says, and painting is often the first change.

"It's very, very rare for a buyer to buy a house and not personalize it in some way," he says.

Read: Go green when renovating: Choose deconstruction over demolition

See more here:
Homebuyers: It's OK to overlook these 8 flaws

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May 18, 2012 at 12:13 am by Mr HomeBuilder
Category: Cabinet Refacing