Don't Waste Your Money: Home seller tricks you need to watch out - News, Weather, Sports, Toledo, OH

Don't Waste Your Money: Home seller tricks you need to watch out for

(Source: AP Images) (Source: AP Images)
(Don't Waste Your Money) -

Are you considering buying a home, or at least kicking the tires, in anticipation of next spring's buying season?

A new report warns about some sneaky home seller tricks you should watch out for.

Home buyers love clean, well-maintained homes. Sellers know that too, and do everything they can to make their home show well.

But a new report by GoBankingRates.com says you need to watch for some of the top tricks sellers use to get you to buy.

Among them:

  • The smell of freshly baked cookies or potpourri, which can hide mold smells
  • A fresh coat of paint on lower level walls or especially ceilings: It can be used to hide water damage. If you smell fresh paint, investigate
  • A sense of urgency to buy, telling you someone else is about to make an offer
  • Faking the age of  appliances by using a marker to write a more recent date on a water heater or  furnace

Downplaying Cost of Needed Repairs

And from the doesn't that stink file, the biggest home seller trick: downplaying the cost of repairs.

Sellers may say they priced a new roof or repair to the patio.

But if they are off by thousands of dollars you'll say, "Doesn't that stink?"

Never take the seller's word for needed repairs: Get your own estimate.

A good home inspector can spot all the tricks.

Just make sure to hire an inspector who you choose and who will work for you, not the seller. That way you don't waste your money.


Don't Waste Your Money is a registered trademark of the EW Scripps Co.

"Like" John Matarese on Facebook

Follow John on Twitter

  • WTOL 11 Top StoriesWTOL 11 Top StoriesMore>>

  • KY Chick-fil-A serves 178 cars in an hour, breaks it's own drive-thru record

    KY Chick-fil-A serves 178 cars in an hour, breaks it's own drive-thru record

    Sunday, September 23 2018 9:06 PM EDT2018-09-24 01:06:39 GMT
    Employees at the Jefferson Commons Chick-fil-A hold up a sign bearing their record-breaking stats (Source: Facebook)Employees at the Jefferson Commons Chick-fil-A hold up a sign bearing their record-breaking stats (Source: Facebook)

    Three cars a minute. That’s how fast the Jefferson Commons Chick-fil-a drive-thru served customers between the hours of 12-1 p.m. on Friday. The numbers add up to a whole lot of waffle fries and sandwiches. 

    More >>

    Three cars a minute. That’s how fast the Jefferson Commons Chick-fil-a drive-thru served customers between the hours of 12-1 p.m. on Friday. The numbers add up to a whole lot of waffle fries and sandwiches. 

    More >>
  • Woman warns of $1,000 check that’s a scam

    Woman warns of $1,000 check that’s a scam

    Sunday, September 23 2018 8:48 PM EDT2018-09-24 00:48:42 GMT
    (Source: WAFF)(Source: WAFF)
    (Source: WAFF)(Source: WAFF)

    The scammers said to go to Walmart, buy $50 worth of purchases and then to buy $700 worth of iTunes gift cards in specific denominations. They also asked Thomas to send PIN numbers of the iTunes cards and evaluate customer service.

    More >>

    The scammers said to go to Walmart, buy $50 worth of purchases and then to buy $700 worth of iTunes gift cards in specific denominations. They also asked Thomas to send PIN numbers of the iTunes cards and evaluate customer service.

    More >>
  • In governor's races, Trump emerges as a defining issue

    In governor's races, Trump emerges as a defining issue

    Sunday, September 23 2018 7:53 PM EDT2018-09-23 23:53:29 GMT
    (Source: AP Images)(Source: AP Images)

    Governor's races are on the ballot in 36 states this year, and the common thread running through many of them has nothing to do with state policy: It's President Donald Trump.

    More >>

    In Michigan, Trump has supported Republican Attorney General Bill Schuette in his run for governor against the Democrat, former legislative leader Gretchen Whitmer.

    More >>
Powered by Frankly