The Best Time to Inspect Your Home!
Article by: Wallace Conway
Home inspections conducted prior to a home , What Should Be Considered Before Buying ? being placed on the market is one of the wisest moves a seller can make. The initial response from sellers when approached with the idea of an inspection done as the home , Is YOUR A Safe Home? is about to be put up for sale is most always the same - "What?!"
Let's review a few of the most common concerns about Pre-Listing Home , Log Rolling That Guarantees You Won't Fall in! Inspections.
1. "The buyer will not accept an inspection done for the seller."
That is correct! The inspection done for the seller is not intended to replace the inspection done for the buyer. The purpose of the pre-listing inspection is to put the seller in control!
Given that no good surprise can come to the seller during the home , Decorating Tips: Fun with Flooring Ideas inspection, regardless of when it is done or whom it is done for, it makes perfect sense to get every strand of information , Tips On Using a Pressure Washer as soon as it can be gotten. Bad news doesn't get better with time.
If there is some bad news, or more correctly, some items that needs attention or might have an impact on the home's value, who better to receive that information , Add Sizzle to Your Surroundings than the seller? And when is a better time to receive that information , Is YOUR Home A Safe Home? than before the home , Futons and Futon Covers Are Perfect for Any Room in Your is placed on the market?
The simple fact is this - a home , Knobs, Hinges and More is Proud to Introduce Objects by Tracy
Glover Studios and Michael Healy Desig inspection at the time of listing will put the seller in the best possible position. With the complete and clear view of the home's strengths and weaknesses, the home , Log s - Finding the Perfect Log Home Plan can be marketed to the best benefit of the seller.
2. "I don't want to pay for the inspection."
This is certainly understandable. The seller generally perceives that the inspection is intended for the buyer, hence, should be a buyer's responsibility. But to have the benefit of the information , Tips On Using a Pressure Washer it must be paid for. Never have we had a complaint from a seller about the value of the inspection! In every case at the conclusion of a pre-listing inspection, the seller felt they had made a good choice in spending the money to get the inspection done.
In most cases, the seller's feel good getting the peace of mind of knowing that no major event or expense will be uncovered by the buyer's inspector. And on the rare occasion when it is discovered by the pre-listing inspector that the roof , Rustic Stone House Signs is completely shot or there is some other big expense or danger, the sellers, while not happy to have the problem, are glad to have discovered it on their own terms. The small expense of the inspection is always less then the cost and aggravation of a hurried hunt to get something repaired or replaced after the home , Pole Barns: Eco-Friendly And Simplistic is under contract.
Save the pain, spend the money. Get every home , Rustic Stone House Signs inspected prior to putting it on the market!
3. "The home , How To Plan Outdoor Holiday Decorating For Your And Stay Within Your Budget is selling 'as is'."
This may be the best reason of all to inspect at listing! If the home , How to Plan for a Kitchen Remodeling or Renovation Project is being sold "as is", reduce your risk and liability as the seller by getting a pre-listing inspection. In order for the home , Information about latex gloves and latex allergies to sell quickly and at the highest price, disclose every condition of the home. , Bunk Bed Ideas The inspection gives both the buyer and the seller the comfort of knowing that the home , How to Find Quality Kitchen Cabinets "is as it is". With a pre-listing inspection, there is a high likelihood that the home , A Guide to Choosing Your Flooring Material is as represented.
Even in an "as is" contract, the buyer may still have their own inspection performed. If these two inspections are similar in content, it is rare the buyer will walk or counter offer. That, in fact, is the goal of the "as is" sale.
Another concern of sellers is that they will have to repair , Grandfather Clocks - A Brief History every item that is discovered to be discrepant on the inspection report. This is simply not true. It would be true that every discrepant item needs to be disclosed, and those disclosures may impact value and hence asking price, but nothing need necessarily be corrected.
Amazing as it may seem, homes , 5 Essential Factors Of a Good Bedroom Design inspected prior to going on the market have two very significant attributes:
1. They sell faster than homes , Locking Mailboxes Keep Your Identity Safe not inspected until the buyer has made an offer.
2. They sell closer to the asking price than homes , Spring Deck Prep Tips not inspected until the buyer has made an offer.
Why the heck does that happen?
When the buyer makes an offer, there is an assumption made by the buyer, reasonable or not, that there is nothing wrong with the home! , Buying the Right Garage Door Opener If there was something wrong with the home , Discontinued Tile: Remodeling with Discontinued Ceramic Tile that the seller knew about, but did not disclose, shame on them, it is about to cost them money. Most often, though, the items that come up on the inspection by the buyer were unknown to the seller. Sur-prise, sur-prise, sur-prise! And we've already established that surprise is not good in real estate. So how is it that the inspection for the seller makes the buyer pay more for the home , Aluminum Patio Tables Durability and do it in less time?
Let us create an example of a 20-year-old home , Knobs, Hinges and More is Proud to Introduce Objects by Tracy
Glover Studios and Michael Healy Desig that has a fair market value of $100,000, just to make the math easy. That value assumes that nothing is wrong with the home. , Bunk Bed Ideas When the buyer has the home , Discontinued Tile: Remodeling with Discontinued Ceramic Tile inspected it is with the assumption that anything discovered to be wrong will be corrected by the seller or a price concession will be made.
Now, let's consider that the buyers inspection revealed the need for a new roof, , Garages several plumbing , How Buying Furniture Online Can Save You Time And Money leaks, and the need for replacement of three exterior doors. , Grandfather Clocks - A Brief History When these discoveries are made by the buyer's inspection, the clock is running and running fast. These items need to be corrected before the sale can be completed. This time crunch puts the seller at a disadvantage when dealing with the contractors. , Garages When time is critical, you have fewer choices and the costs go up. Additionally, the buyer often wants to have input on who does what work.
This situation is always tense and expensive. It can be avoided!
Let us now assume that the inspection result occurs, but it is for the seller as the home , Information about latex gloves and latex allergies goes onto the market. The seller is now in control. Armed with a clear picture of what is wrong, the seller can choose to shop calmly for the best value in repair , A Guide to Choosing Your Home Flooring Material contractors, offer a credit at closing or adjust the sales price to reflect the diminished value. They can even make the necessary repairs, , Homeowners – Here is a Step by Step Guide to Help You Hire a Quality Home Improvement Contractor then increase the price of the home , Building Your Dream - Part 1 to reflect the increased value!
No matter the choices made, the seller, on the seller's time frame, makes them. This actually makes for a neater, simpler buying decision for the buyer. The buyer knows better what condition the home , Rustic Stone House Signs is in and knows what issues to base the initial offer on. The buyer will still in most cases get the home , Spring Deck Prep Tips inspected, but this is a breeze. It is rare that any additional items of significance arise.
The pre-listing inspection puts deal killing at the lowest risk. Most often, it makes for an awesome deal-closing tool! , Vacuum Cleaners Which Is The One For Me?
Copyright Â© Florida HomePro, Inc. and Wallace J. Conway. All rights in all media reserved.Wally Conway is President of Florida HomePro Inspections, and is featured regularly on HGTV's "House Detective". As a speaker, instructor, author, and host of The Happy Home , How To Select The Right Lighting Fixtures For Your Lighting Design Inspector radio show every Saturday at 3 PM on WOKV 690, Wally blends the right amount of up-to-date information , A Guide to Choosing Your Home Flooring Material with just the right amount of humor, insight, motivation, and real-world application. Visit http://www.wallyconway.com and http://www.gohomepro.com for more information , Homeowners – Here is a Step by Step Guide to Help You Hire a Quality Home Improvement Contractor on his new book, "Secrets of the Happy Home , Grandfather Clocks - A Brief History Inspector"!
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