Pre-Listing Home Inspections
Home sellers should consider having a home inspection prior to putting their home on the market. You'll get the highest price in the shortest time if your home is in top condition. Almost all sales contracts include the condition that the contract is contingent upon completion of a satisfactory inspection. This is known as the inspection contingency. Buyers will insist on a professional home inspection performed by an inspector they will hire. If the buyer's inspector finds significant problems, it can cause the buyer to get cold feet and the deal may fall through. At best, surprise problems uncovered by the buyer's inspector will cause delays in closing and usually you will have to pay for repairs at the last minute, or take a lower price on your home.
One of the key benefits of having the inspection done early is that if there are any significant problems discovered that need to be repaired, you can have the repairs done on your own terms and on your own schedule. When a problem isn't found until the buyer has an inspection performed, the deal you've worked so hard to get may fall apart unless you act quickly to get the repairs done. Or you may have to take a lower price in order to keep the deal moving. In either case, you'll almost certainly have more headaches and spend more money than if you had known about the problem and had it repaired before negotiations began. You could save thousands by simply being able to shop around and get competitive bids from contractors, rather than being forced into paying for a rush job at the last minute.
You can also benefit from simply offering certain items as is. Often, you can negotiate with a buyer to accept items in the current condition by stipulating that they are reflected in the purchase price. But that same buyer may walk away from the deal if the conditions come as a surprise after an offer has already been made. If the home is inspected before the house goes on the market you will be aware of the condition of the house before an offer is made. There won't be any surprises and the deal is far less likely to fall apart. It takes a lot of effort to get a sales agreement signed in the first place. If the inspection turns up problems, the buyer will want to negotiate a new deal and that second sales agreement is usually even harder to get done than the first one.
Our pre-listing inspections are presented in a hard back, three-ring binder with a 400 page Home Information Book included. If you desire, this can be left out on display for perspective buyers to view. Our reports clearly identify concerns that were discovered during the inspection and are categorized in order of importance. We also include a heading of Positive Attributes such as "upgraded insulation levels in the attic" "energy efficient replacement windows" "supply water lines replaced with copper" to highlight improvements to the home.