Is it worth it to fix chimney with a few bricks falling off before trying to sell?

Profile picture for wichtti
Quotes are coming back around $3000.  Want to sell in the next year.  We have put in a new chimney liner and no water damage is coming into house.  Just a few bricks chipping off here and there.
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August 30 2011 - Grand Rapids Township
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Answers (7)

Profile picture for Dan Sandweg
If you are selling next year, that gives the freeze/thaw cycle another year to further deteriorate your chimney. Its only going to get worse especially during a harsh winter.

Also remember that debris falling from the chimney may cause roof damage.
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August 30 2011
I'm going to join the chorus here: YES! Fix those bricks! Even if there are other structural issues that turn up on your buyer's home inspection, you want the first impression of the home to be as flawless as possible. By fixing the bricks, you help maintain the home's apparent "polish". If other items turn up on the buyer's home inspection, they may ask for a credit back to cover some of these newly discovered defects. But you'll start this negotiations from a stronger position if the buyer started with a strong purchase offer. And a stronger purchase offer will result from having the bricks fixed and everything else "tidy" in the house.

Good luck with your sale!
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August 30 2011
Profile picture for wichtti
Thanks for all the responses!  I guess I knew it was inevitable but so hard to spend that money now.  Sounds like it will pay off in the future though.
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August 30 2011
Profile picture for Karen. Paytas
I would definitely say to fix it. With most buyers using FHA financing today it's likely that the inspector and/or appraiser would require it to be repaired.

Good Luck!!
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August 30 2011
Profile picture for Pat Pribisko
if you have the money to do it, I would fix the chimney.  If you don't fix it, it will be an item a buyer will use to discount the offer for your home; or, they may move on to another home that doesn't need a repair.  Many of our buyers have fireplaces on their lists of 'musts' or 'preferreds."
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August 30 2011
Profile picture for ConnieK_Oklahoma
well since a VA or FHA loan will require that repair (most likely) and since it will tend to scare off buyers wondering what else you've neglected...I would reccommend doing the repair. 
it's a bigger pain than it is an expense- so the buyer will feel that way too.  Best to do it.
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August 30 2011
Profile picture for SoCal_Engr
As a potential buyer, a visible situation like that would make me wonder what else, especially any not as easy to see, was in need of repair.
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August 30 2011
 

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