If you are selling your home and want to make sure the sales process will go as smoothly as possible it would be wise to consider a Pre-Listing Home Inspection. Just as a buyer needs to do their due diligence, a seller needs to do theirs. Imagine you are selling your home and after several days or weeks of negotiating, an agreement between the seller and the buyer is finally reached. Everyone is excited, the buyer found their home and the seller will now be able to move on. However, the next step for the buyer is usually getting a home inspection and this is when the deal can sour. As a seller, how confident are you that the buyer’s home inspector isn’t going to discover any potentially concerning issues about your home?
The best way for a seller to increase their chance of closing the transaction without any delay is to have a Pre-Listing inspection done before it goes on the market, especially if your next home purchase is contingent on your home getting sold. Here are a few reasons why:
- Knowledge is power and a ‘surprise’ in the midst of a negotiation is never a good thing. It is natural to overlook things and therefore many sellers may not be aware of deficiencies in their home. For example, when was the last time you were on your roof? Or looked in your chimney? Or crawled around in the attic? Or viewed the basement foundation? Do you know how old your water heater and HVAC are? What about the plumbing or electrical systems? This is why a Pre-Listing Inspection can help you to be aware of the physical condition of all areas of your home. Awareness is going to make you look like a savvy homeowner and will avoid the potential impression that you are ‘covering up’ or ‘trying to hide’ defects in your home when these problems are not disclosed but eventually discovered.
- Having a Pre-Listing inspection does not mean that the seller now has to repair every item in the inspection report, but they do need to disclose everything. There might be some major items that the seller and their real estate agent will need to take into consideration when pricing the home as they can affect what a buyer is willing to pay. Homes with older roofs, HVAC systems and water heaters on top of other repairs can be seen as “a money pit” in the eyes of a buyer as these systems are scheduled to fail one after the other.
- Disclosure is not an unpleasant surprise. Many sellers fear that by having an inspection, they will then have to disclose everything to a buyer which may cause them to pay less for the house. True, but the buyer is going to find out anyway and may even cancel the deal when they do. Undisclosed discoveries made during the inspection process can often erode the trust between buyer and seller. Trust is what underpins successful transactions and when the buyer can see that the seller has done all in their power to discover (by means of a pre=listing inspection) and disclose everything about their property to the buyer, then the transaction is usually going to be very smooth and successful.
You’ll have a smoother transaction and a faster closing. All parties want a sale and purchase process that is free of hitches and can close within a reasonable time frame. A Pre-Listing inspection drastically cuts down or eliminates the potential for a ‘surprise’ discovery de-railing the whole process. Why take the risk? Get a pre-listing inspection.
Sacramento Home Inspections, Inc. Let this experienced Sacramento Home Inspection company help keep you from buying the dreaded ‘Money Pit’! We take pride in our commitment to following high standards and providing a professional service to all of our clients. We truly appreciate you thinking of us.
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