The Benefits of a Seller's Home Inspection

There are always a large amount of decisions to be designed for someone who decides to place their home up for sale. Among the choices are whether to utilize a realtor, sell on your own (FSBO), make changes or upgrades, sell as/is, advertise or not, and on and on. One of many options many sellers do not consider is whether to obtain a home inspection.

When faced with the likelihood, many sellers will claim that the inspection is obviously done by the client and I don't want to pay. It's true, most property contracts have the option that will require the client to obtain - and purchase - the inspection. Many sellers go for that option because it seems easier and cheaper. But often, this is not the case. Here's an illustration:

Let's say you've your property available and you receive an excellent offer. Your listing becomes "pending" - basically taking the house off the market - in anticipation of the closing. Generally, your closing date will be 20-30 days from the full time you sign the contract. During that period your buyers are finalizing their financing and making arrangements to move. You're preparing to go, too and doing some of the requests required by the contract. Five to ten days ahead of the set closing date - often within a day or two - your buyer gets the house inspection done. If repairs are essential, that gives you less than the usual week to get help and take action; you may end up with long delays, or even be forced to negotiate a cheaper price. Worse, if the repairs are major, your buyers could duck out of the contract, leaving you with a moving date, a home looking forward to you, two mortgages, and a whole month of possible showings to buyers wasted. You're out money and time, with nothing to show but frustration.

But, imagine if you choose to go ahead and gotten an examination beforehand? By using a certified home inspector, you'd are finding any possible problems before putting your property on the market. Any repairs, major or minor, could have been cared for before potential buyers even saw your home. Now you can be confident you will have no delays or renegotiations before your closing. Plus, having a home inspection done beforehand assures potential buyers that the home is strictly what you say it's, making it more appealing.

If you should be focused on continually re-inspecting, be sure to choose an inspector that gives a warranty on their work. Most warranties for an owner inspection are more than those for buyers, 90-120 days. Sure, it costs a tad bit more, but whenever you weigh the increasing loss of time, money, and a customer from that last-minute inspection from the worry-free, easy closing from an earlier inspection, it's worth it.

It's a buyer's market at this time, and sellers need every advantage possible to secure an excellent buyer in a reasonable quantity of time. Having your property inspected when you even begin showing your property can provide you with the advantage over your competitors and the secure knowledge that after your buyer walks through the door, you are able to close with ease website.