Are you planning to put your home on the market? If so, it may be worth considering a pre-sale inspection. While it may sound like an added hassle and expense, having a thorough inspection of your home before listing can be incredibly beneficial in the long run.
Not only can it highlight important repairs that need tackling in order to ensure a smooth sale process and price negotiation; but ultimately it can save you time, money and stress too!
While pre-sale inspections of homes aren’t required in many states, they are highly encouraged. As the seller, you must disclose certain things about a home like lead, asbestos, and structural issues. Pre-sale inspections help prevent legal claims, even if sold “as is.”
Buyers appreciate sellers who are upfront about any problems a home may have. Listing any issues found during the inspection will let buyers carefully consider their choices and whether they will take on a home needing repairs.
If they are, they can prepare themselves and their finances accordingly.
If your pre-sale inspection determines that there are some repairs to be made, don’t worry! Think of this as an opportunity to make your home a more attractive investment by proactively fixing issues. As such, the selling process can go faster—just remember to share the results with the buyer.
There’s not much question about it; today’s real estate market is a seller’s market. It’s a simple matter of supply and demand. Econ 101 students all learn about supply and demand, and one nearly unwavering aspect of supply and demand is that when supply drops and demand for the remaining goods and/or services remains constant, […]
You inherited your grandfather’s house in the country. Or you have a home in the next county that you’re planning to update and rent to create an income stream. Or you bought a “fixer upper” in an involved neighborhood in your city. You’re busy with work, family and countless people competing for your time, so […]
Buying a home can be an exciting, joyous and stressful experience. Every buyer wants to find the ideal home, one that meets their needs, is in the right location, with the right features and that represents a solid investment. Closing on that home, moving in and finding out the neighbors are wonderful people, or that […]
