A Seller’s Guide To Home Inspections
A stranger arrives in your home to inspect every nook and cranny that your home has to offer. This stranger turns on the faucets, flushes all the toilets, crawls through your belongings, walks on the roof, and more. This stranger is the home inspector who has a very detailed list of items your home needs to pass to sell! It is important to always try to get a home inspection done before selling your house. Almost all homes sold today have home inspections. The inspection can be done by the seller or the buyer, but this depends on the state's’ regulations.
Why Should You Get A Home Inspection Done Before Listing Your Home?
This will help with the 30-day period before closing when buyers can ask the seller to fix issues inside of the home. These are some common things the new home-buyers will consider before the deal closes.
- It saves you money in the long run. This is because once the buyer gets the inspector's report, they can ask for a price reduction because of their need to make repairs.
- It can give you a competitive edge. A pre-listing home inspection signals to home buyers that you’ve done the work for the future.
- Make sure to fix the large issues. This can include leaky pipes, appliances, mold issues, and foundation problems. However, if you cannot fix these major issues, reduce the listing price. A potential buyer would be more willing to buy the house knowing they have to do maintenance and repairs.
A pre-listing inspections answers the question of how low you’ll have to drop the listing price. Once the inspection is completed, you’ll know what issues to fix that a buyer would want done anyway. This pre-listing inspection report gives you a double advantage: (1) You’ll be able to set your asking price accordingly, and (2) you’ll know what major fixes need to be completed and what your cost will be on those repairs.
What If You Decide Not To Do A Pre-Listing Inspection?
What if you decide not to do a pre-listing inspection and opt just for the buyer’s inspection instead? Home sellers will have an easier time during the home inspection by preparing! These are simple tasks that can be followed:
- Clean your home. This seems like a no-brainer, but people do overlook this aspect. While the inspector is a professional, he or she is also a person. If they see the house is clean, it will show you take care of the home.
- Be on time (AKA - early). If your appointment is at 10:00 a.m., make sure you and the home are ready at 9:30 a.m.
- Provide workspace around furnace and water heaters. Move the boxes and shelves out of the way for the inspector. This makes it easier for everyone!
- Provide repair documentation. If you have fixed the water heater before or have annual check-ups on appliances, show the inspector and buyer.
- Leave the home if the buyer comes. The buyer could feel nervous to ask questions to the home inspector if you’re present. For the sake of the inspector and for the buyer, give them a few hours.
Another great tip is to “dress the house for success.” This means either doing a showing or fixing small issues that can help the resale price as well! This list can mean minor items like new paint to adding some more space!
A home inspection may seem daunting and unnecessary; however, if you want to sell your home quickly, just do it! This helps you and the potential buyers in the long run, and gives you a competitive advantage in the market.
If you’re looking to sell your home or buy a current a home, contact us today!