Why Get a Home Inspection When Selling Your Home?

Thinking about selling your home? If you're like most home sellers, you have probably lived in your home for more than 5 years. It is in these last 5 years some major changes have occurred in the sale process of a home.

Sellers Disclosure- The biggest change is the requirements of providing a "SELLERS PROPERTY CONDITION DISCLOSURE." You, the home owner must list all the known defects in the home.

Home Inspectors- The home inspector is usually hired by the Buyer and arrives at your property after a contract is negotiated to inspect and list any defects, questionable areas, upgrade suggestions and maintenance.

When significant problems are found by the Home Inspector the Buyer may:

-Terminate the contract.
-Or ask for inflated amounts to have the problems fixed.

Either way your house is back on the market and the problem is still there!

More sellers are getting a home inspection in order to repair or determine the condition of their home and to use it as a sales tool. A Seller's inspection will virtually eliminate all the hassles and the blown deals inspections cause when the Buyer brings their inspector. It gives the leverage back to the Seller.

If an inspection is performed and significant damage or defects are found there will be disappointment, but no hysteria or regret.  You can then fix any problems, and call for a re-inspection of the home. The home inspector returns a clean report. Next, a Buyer enters a contract agreement with the Seller. The Buyer will have the option of selecting another home inspection done by a Home Inspector of the buyers’ choice but there should be no major issues that arise from the second inspection.

  • February 03 2009 - Anderson
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Answers (1)

As a Professional Home Stager, I often recommend that sellers have an inspection done prior to listing.  Doing so gives you the opportunity to fix things that need repair over time.  You can schedule the repairs at your convenience, take the time to get competitive bids and check references for contractors and spread the cost out.  If you have to do repairs as a contingency to an offer, they often need to be done quickly adding stress and pressure that you can avoid.  Offering a home for sale that has no repair or maintenance issues, leaves the seller in a better bargaining position.  If the house is in great shape, buyers have little to support a lower price offer. I think that leaving any point of negotiation open, gives a buyer a reason to ask for price adjustments.
 My 3 point advice to a quick, full price sale is 1) make any repairs/improvements that need to be made 2) consult a professional stager to create a setting that will appeal to a broad range of buyers and 3) price it well enough that the buyer just can't walk away.
  • February 07 2009
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