Can it cover that? The surprising home-selling costs Notable can cover

Selling your home? Expect the unexpected

72% of homeowners make at least one home improvement before selling their home, so most prepare for some expected costs. What about when your basement floods before an open house?

Getting a home ready to sell can come with surprises. Maybe something came up during inspection, or you just discovered a pest problem right before listing. Or, maybe you've already moved out of the home you're showing, and forgot to pay the the electrical bill.

Can Notable's pay-at-close funds keep the lights on, and the bugs out? Let's see what unexpected expenses we've recently covered.

The surprising home-selling costs Notable can cover

We asked our team for stories from recent home sales: what unexpected expenses has Notable covered in a recent sale? Here are seven expenses home sellers didn't have to pay for upfront*:

1. Temporary housing during showings

Living in a home while it’s actively being shown isn’t always easy. You might have a family to relocate, a business to run from home, or have pets that need to be boarded while showing. At the same time, a good showing is critical: the buyers need the right environment to visualize themselves living in the home, but not in your home.

Some sellers successfully used Notable funds for short-term housing during back-to-back showings or open house weekends, so buyers can experience the home without interruptions.

A vacant home and a flexible showing schedule can make it easier for you, your real estate agent and the buyers to get the home sold quicker.

2. Keeping utilities running in a vacant home

Sellers have used Notable funds to cover electricity and utility bills while the property is vacant and on the market.

An empty home still needs to feel welcoming. Keeping lights, HVAC systems, and appliances running helps homes show better, protects the property, and avoids the “vacant home” feeling prospective buyers don't want.

3. Pest control before listing

Discovering a pest problem during escrow is an easy way to derail your sale.

Sellers have used Notable to cover pre-listing pest control to reassure buyers that the home was properly maintained before changing owners.

4. Boarding pets during open houses

Woof, is that a litter box in your listing photos? Dogs barking during showings? Even the biggest animal lovers prefer a calm, clean experience when touring your home.

Some sellers use Notable funds to temporarily board pets during busy showing periods. Notable funds can also cover a deep-cleaning and to move your personal items (and your pet's items) into storage to help with depersonalizing.

5. Tenant buyouts before renovating or listing

Selling a tenant-occupied property can limit showing access and make it harder to complete upgrades before listing.

In some cases, sellers have used Notable to fund tenant relocation or buyout agreements so they can renovate, stage, and sell the property vacant to increase the potential for better offers.

6. Emergencies that can derail a sale

You could do everything right, but life might have other plans: unexpected issues can surface right before listing or during escrow, and compromise your home sale.

One home seller used Notable funds to cover the purchase of a generator to keep electricity running during showings because of local power grid issues. Another home seller used Notable when their basement unexpectedly flooded to cover draining, drying and sanitizing.

Access to pay-at-close funds can help sellers address emergencies quickly before they jeopardize their sale or open negotiations on price concessions.

7. Paying for a pre-listing inspection

To avoid any unwelcome surprises, some sellers opt to use Notable funds for a pre-listing inspection rather than wait for the buyer's inspection.

A pre-listing inspection can help sellers identify repairs earlier, price the home more accurately, and help control the final steps of the home sale for fewer unknowns. In competitive markets, that can help control costs, support stronger offers, and minimize negotiation later in escrow.

Getting market-ready can be easier with Notable

Home sales can be as different as the individuals selling them, but one thing is always true: selling a home will cost you money.

Whether they're expected costs like staging or unexpected costs like a flooded basement, Notable can help you fund the repairs and upgrades you need to invest in a better home sale.**

Estimate what you qualify for before applying at www.notablehome.com.

*Interest and fees apply. Loan funds, interest and fees are due upon loan acceleration, twelve months after origination, client’s termination of the listing agreement, or the date on which Notable otherwise suspends the loan for any reasons stated in the loan agreement, whichever occurs sooner. Subject to the terms and conditions of the loan agreement.
*Results may vary. Notable Finance, LLC does not guarantee or warranty any results.