What would you allow?
So we took a poll last week via multiple means. The poll was - Would you want to have a carpet allowance when buying a home or have the home already with new carpet? The answers were pretty much even, but here are a few things you may find interesting…

  1. It is a challenge for lenders to allow carpet allowance, so that may in itself be frustrating when going along with the loan process.
  2. One person wrote me and suggested "New carpet in a neutral color. People shop with their eyes. Seeing nice clean new carpet sells the house better than hearing there is an allowance to replace”.
  3. Others have also stated allowance so you can pick your style and color or get a wood floor.

Here is an article that talks about this topic, and we also want to know your thoughts as well.
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Market Insights for:
August 5, 2020
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