Repairs Paid at Closing
Repairs Paid at Closing
Get the work done now. Pay from the sale proceeds at closing. No out-of-pocket expense.
One of the biggest barriers to selling a home is the cost of preparing it for market. Painting, flooring, minor repairs, and updates can add up quickly. If you do not have cash on hand to cover these expenses, the repairs paid at closing option may be the solution. Marc Cormier, Seniors Real Estate Specialist (SRES), helps Montgomery County homeowners structure a plan where the cost of approved repairs is paid from the proceeds of the sale at closing.
How It Works
How Repairs Paid at Closing Works
The concept is simple: Marc's licensed contractor performs the approved repairs and updates on your home before it goes on the market. The cost of the work is then paid from the proceeds of the sale at closing. You do not pay anything out of pocket upfront.
This arrangement is especially valuable for downsizing homeowners who may have significant equity in their home but limited liquid cash. Instead of dipping into savings or retirement funds, you let the sale of the home itself cover the cost of preparing it for market.
The Process
A Simple, Transparent Process
Home Evaluation
Marc walks through your home and identifies the repairs and updates that will maximize your sale price. He prioritizes the work that gives the best return on investment.
Approval and Estimate
Marc provides a clear estimate for the approved work. You review and approve the scope and cost before any work begins. There are no surprises.
Work Is Completed
Marc's licensed contractor completes the work on a schedule that fits your timeline. You do not need to manage the contractor or inspect the workmanship. Marc handles it.
Paid at Closing
At closing, the cost of the repairs is deducted from the sale proceeds. You receive the remaining equity. No out-of-pocket cost, no financing, no credit card bills.
Who Qualifies
Who Qualifies for Repairs Paid at Closing?
The repairs paid at closing option is available to homeowners who have sufficient equity in their property to cover the cost of the work plus the remaining mortgage, closing costs, and commissions.
Marc evaluates your financial situation during the initial consultation and lets you know whether this option is available to you. The criteria are straightforward:
Approved Repairs
What Kind of Repairs Can Be Paid at Closing?
Marc focuses on repairs that improve the home's saleability and appeal.
Painting and Walls
Fresh neutral paint throughout main living areas, patching holes and cracks, and refreshing trim and baseboards. One of the highest-ROI improvements you can make.
Flooring Updates
Replacing worn carpet, refinishing hardwood floors, or installing new vinyl plank flooring in high-traffic areas. New flooring transforms the look and feel of a home.
Lighting and Fixtures
Updating light fixtures, ceiling fans, cabinet hardware, and faucets. These small changes modernize the home without a major renovation.
Marc will help you identify the specific repairs that will make the biggest difference in your home's sale price. Only approved, value-adding work is included.
Seniors Real Estate Specialist
A Licensed Contractor You Can Trust
Marc Cormier is a Seniors Real Estate Specialist (SRES) and Residential Construction Certified (RCC) professional. He has a licensed contractor on staff who handles all repairs and updates. You get quality workmanship, fair pricing, and a single point of accountability.
As a Top 1% Realtor Nationwide, Marc has the experience and reputation to ensure the work is done right and the closing process is seamless. The repairs paid at closing option is just one more way Marc helps Montgomery County homeowners downsize with less stress and fewer financial barriers.
Ready to Explore Repairs Paid at Closing?
Marc will evaluate your home and your financial situation to determine if repairs paid at closing is the right option for you. No pressure, no obligation.
Get in Touch
Questions About Repairs Paid at Closing?
Marc is happy to explain how the process works and whether you qualify. Send a message or call directly.
Thank you.
I will be in touch shortly to discuss your downsizing goals.
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