If there’s any doubt about the condition of your house, definitely get a home inspection before placing your home on the market. When it comes to home inspections, usually, buyers pay to on the dotted line. have a home formally inspected. The goal is to uncover any potential problems before signing
However, sellers have the option of having their home inspected instead of waiting on the buyer’s inspection report. Here are 3 Reasons why more sellers are getting a home inspection before putting their home on the market. Four Reasons To Get A Home Inspection Before listing Your Home
1. A Gesture of Goodwill & Provides Transparency:
A pre-listing shows potential buyers that you’re being upfront about the current condition of the property. This also gives buyers peace of mind and confidence in their purchasing decision.
By having a home inspection before hitting the market, you’ll find out the exact condition of your home.
2. A Pre-Listing Pays Off In The Long Run:
By having a home inspection before hitting the market, you will uncover the exact condition of your home. Pre-listing home inspections give you the seller a checklist of any issues or defects that a potential buyer will most likely want to have repaired.
Which ultimately gives you the option to have the issues fixed before listing the property.
At the very least, having a pre-listing inspection will let the buyers know what they’re getting into from the very beginning so that they can factor any necessary repairs into an offer. If you choose not to wait on the buyer’s inspection report, you run the risk of the buyer’s inspector discovering problems that you didn’t know about during Escrow. Which can result in possible outcomes the buyer will most likely negotiate a much lower price, which will delay the sale and cost you money. In addition, to the possibility that the buyer might even pull out of the offer altogether.
3. Save & Maximize Your Time and Money With A Pre-Listing Inspection
If issues show up in your buyer’s report, the buyer will probably ask for a significant price reduction, a credit, or have you fix the repairs yourself.
The problem with waiting on the buyer’s inspection to uncover significant defects, you are expected to repair them within a limited time frame. By having a pre-listing inspection, you are able to set your own schedule for repairs instead of scrambling to get everything finished at the last minute.
4. Easier, Cleaner & Faster Closing:
There is a chance that a few problems that may show up on your list that might be considered as deal breakers for most buyers. In some defects and issues can be time-consuming and expensive, and ultimately causing your buyer to walk away from their offer.
Getting a pre-listing inspection helps you proactively prioritize and make necessary repairs to reduce the likelihood of being stuck in a difficult and long negotiation process.
Here’s a look at some of the top deal breakers. Keep in mind that these can vary from market to market.
- Mold
- Foundation Issues
-Outdated Electrical System
- Water Damage
- Roof Problems
- Rotted Trim
-Leaky Pipes/ Dated Plumbing
Why Should Sellers Spend Money Upfront If We don’t have to?
While there are many sellers that would rather wait for the results of the home inspection and add repairs to the closing cost. Although, this may seem like the most logical option for you.
But you run the risk of being caught off guard with potential deal breakers that will tank the sale of your home. Even if you offer to fix problems that may have been uncovered from the buyer’s report, skittish buyers may become hesitant to close the deal.
Avoid The Drama, Just Get A Pre-Listing Inspection
Having a home inspection offers transparency from the very beginning and gives the buyers peace of mind and confidence in their purchasing decision. Without a doubt, having a pre-listing inspection is a smart idea.
If you are selling your home, do yourself and all parties involved a favor by getting a home inspection before putting your home on the market. Give yourself a better chance for an easier, faster and more successful close. For all your home inspection needs, contact Tim Rupon from S&J Home Inspections to schedule your pre-listing Home Inspection.
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