Pre Listing Home Inspection
Knowing how to prepare for a home inspection is one of the critical elements in making sure you avoid problems with your sale.
Before you sell your home one of the smartest things you can do is get it inspected. This is the only way you can be sure that there is nothing significantly wrong with the property you are selling.
Often home owners have no idea their home has any issues.
Why get a pre-listing home inspection?
A pre-listing inspection, which is paid for by the home seller. Typically, home inspections are paid for by the buyer and performed right before closing the sale of the home.
By moving the inspection to the beginning of the sales cycle, sellers are able to shorten the process by removing obstacles before they can interfere with a potential sale. The importance of having a home inspection as part of the home sales process cannot be understated.
1. Time - Selling agents are given time to help the seller decide what areas to work on to improve the home’s appeal.
2. Options - Sellers can choose who they want to perform the inspection and assist in providing details of equipment maintenance, supply dates of improvements and explanations for current conditions.
3. Flexibility - Sellers gain more time to make repairs and compare bids on work to be done, and can truly provide full disclosure to their potential buyers.
4. Accurate pricing - A pre-listing home inspection helps the agent set the seller's price expectation and can be used to substantiate a higher asking price.
5. No surprises - Agents will have fewer issues to negotiate at the 11th hour, and buyers may even waive their inspection.
6. Full disclosure - Buyers’ benefits include receiving a third-party review of the home’s condition before making an offer which can assist in procuring financing.
7. Stress relief - The inspection can remove any doubt the buyer might have regarding any initial concerns and may also reduce the stress associated with purchasing a home
Never hire an inspector who is not a member of InterNACHI, which provides the most trusted and rigorous training for inspectors in the industry! For more information on finding the right home inspector - read my previous blog entries:
• “Choosing The Right Home Inspector” &
• “Why Hire an InterNACHI Certified Professional Inspector?”
Copies of the inspection report, along with receipts for any repairs, should be made available to potential buyers. For more information on home inspection report let - read entry