Inspections. If you have ever bought or sold a home you know that one of the most nerve racking aspects of that sale was the inspection. Once the contract is signed, most buyers hire a home inspector to find any problems with the house. It’s hard enough for any homeowner to have people walking through their home, scrutinizing every last bit of it, let alone a inspector picking through it with a fine tooth comb! Imagine the stress this causes. This is your home. You have put your blood, sweat and tears into getting it just the way you like it. Now you have buyers coming in and pointing out all of the negatives! The majority of buyers are going to have some sort of inspection of the physical property. Including the furnace, water heater, roof, attic, sewer line… It goes on and on. If the buyer finds that anything is unsatisfactory, they expect it to be fixed or they walk. And on top of that, many lenders are now wanting to see the inspection reports prior to approving the loan. My recommendation to sellers is to “nip it in the bud.” Address the problem before the buyers point them out. This means hire a home inspector of their own prior to listing the home for sale. This way there are no surprises during the contract period. Plus, it can aid in the appropriate pricing of the home.
Something to consider for today’s “Homework”
Go HERE for more Real Estate Advice or to search for homes