Why do I need a Pre-listing Home Inspection?
No matter how we feel about our homes, no home is perfect. A Pre-Listing inspection gives the Home Owner the opportunity to review the condition of the home with the Home Inspector and Real Estate Agent and prioritise any needed repairs. Having your home inspected prior to listing shows the potential Buyer that there is nothing to hide. It helps to bring the Buyer and Seller closer to an agreeable sale price because both parties will understand the condition of the home. Selling a house can be very stressful, working with your Agent and an Inspector will help make the overall process much easier for you and your family than if you were to try it alone.
A Pre-listing home inspection involves a professional evaluation of the following systems:
• Structural Components
• Attic, Ventilation and Insulation
• Exterior Cladding
• Porch & Deck
• Attached Garage
• Electrical System
• Plumbing System
• HVAC System
• Interior, including: Built-in Appliances, Ceilings, Floors and Walls, Windows/Glazing and Doors
Why should I pay for an inspection when the Buyer will have to have an inspection anyway?
The simple answer is to have control of the sale. By having your home inspected prior to listing, you can decide which of the issues need to be addressed and which items will be left to negotiate. Your listing agent will be armed with information that will help price the home accordingly. A Pre-listing inspection gives you time to have a few estimates done by reputable professionals that can be presented to the Buyer before the offer is in place. When the Buyer enters into a purchase agreement with the knowledge of the home’s condition ahead of time, it leaves very little room to negotiate the price based on repairs that would be found during the Buyer’s inspection.
A Pre-listing inspection helps to speed up the whole process, remember there is very little time for the conditions of the purchase agreement to be met so anything that helps to speed up the process and reduce stress on the Buyer will be a great benefit to the Seller. Consider that not everyone is in the perfect financial position where they have the funds to purchase as well as money set aside to make repairs. In many cases the mortgage company will require an inspection report to help them decide if lending the money to their client for your home is a good idea. Once the mortgage company approves they may also require an appraisal of the home. If a Pre-listing inspection is provided, the mortgage company can move forward with the appraisal and then the final approval for funding.
A Pre-listing inspection takes much of the stress out of and already stressful event. Consider this, you find your dream home, you are excited and have begun making decorating decisions. You can even see yourself enjoying your morning beverage in the dining room or relaxing on the recliner in the living room while watching your big screen TV, but then you get your inspection report and now you are looking at a couple hundred (not so bad) to a few thousand in repairs (OH MY!) and you begin to wonder if you are willing to follow through with the purchase. Take the surprise out of the situation by presenting the major information up front. The buyer is prepared and you can move forward with the sale.
A Pre-listing inspection adds a layer of protection against liability. How does it do that? By providing the Buyers with the information ahead of time, they can see you are not attempting to hide any known defects. If later down the line something happens such as a leak in the pipe due to defective material, your home inspector is armed with the knowledge to look for such defects and document them. The Buyer would have been made aware and you, the Seller are not liable for the repairs that the Buyer chose to ignore.
Won’t the Buyer’s Inspector find the same issues?
Any good Inspector will find the same major issues, but a home inspection is subjective and each inspection report will be different when it comes to what the Inspector considers minor.
Our promise to you is that if the Buyer’s Inspection reveals a major defect, where the repair cost is greater than $500 and we missed it, we will refund the full amount of the the inspection cost. To help you prepare for the Buyer’s Inspector, download your copy of the Pre-inspection checklist.
Schedule your home inspection now 519-991-7788