Sellers Pre-Listing Inspection
So, you are going to sell you home! What is one of the first things a
realtor advises? Make sure your house has curb appeal. You need to
plant some plants and flowers around the house and put a flowerpot or
two on the porch.
Well I agree that making your house look nicer will help, but this
alone will not sell the house. What buyers want to know is the
condition of the home and its components. Mr. and Mrs. Seller you
should already know the condition of your house before a buyer’s
inspector does his thing. If you do not, or if you are unsure, here is
what you need to do.
You want to find out about hidden problems before your house goes on
the market. Almost all sales contracts include a condition that the
contract is contingent upon completion of a satisfactory inspection.
This is known as the inspection contingency. Buyers will insist on a
professional home inspection performed by an inspector they hire. If
the buyer’s inspector finds a problem, it can cause the buyer to get
cold feet and the deal can often fall through. At best, surprise
problems uncovered by the buyer’s inspector will cause delays in
closing, and usually you will have to pay for repairs at the last
minute, or accept a lower price for your home.
It is to your advantage to have your own inspection performed before
putting your home on the market. By having a pre-listing inspection
performed you will be able to correct deficiencies that might hinder
the sale of your home thus making the sale process easier. You may also
present the house as is and reflected in the purchase price. Otherwise,
you can count on the buyer’s inspector finding problems causing delays
in the sale of your home and potentially costing you more money.
The key benefit of having the inspection done early is if there are any
problems discovered that need to be repaired you can have the repairs
done on your own terms and schedule. If a problem is not found until
the buyer has an inspection performed the deal you have worked so hard
to get done may fall apart unless you act quickly to make the repairs.
Or you may have to accept a lower price in order to keep the deal
moving. In either case, you will almost certainly have more headaches
and spend more money than if you had known about the problem and had it
repaired before negotiations began. You could save thousands of dollars
by simply being able to shop around and get competitive bids from
contractors rather than being forced into paying for a rush job at the
last minute. You may also save money by having the flexibility to
choose the materials used in the repairs. Sales contracts usually
specify repairs must be made using materials of comparable quality. By
identifying needed repairs early you will have the option to save money
by shopping for less expensive comparable materials for the repairs.
Seller’s inspections do not cost, they pay
Before listing your home have it PRE-INSPECTED by M3 Real Estate Inspection, LLC.