If you think that buying a house is a taxing task, have you ever tried selling one? Surely, the latter one is much difficult than the former one. However, if you are already in the market, you would know the struggle. You might be familiar with the requests that you may get from buyers for pest inspections or another sort of examinations, just to ensure that they are investing in the right property, right? But, how about inspection from your end? Yes, that’s important as well. So, being a seller, you must be wary of home inspection before you put your house for sale. Read more about it here.
What is a Home Inspection?
Simply put, a home inspection is calling a professional to inspect every nook and corner of the house before you list it on the market for sale. The process includes finding a right person who is licensed and qualified enough for this job. This may include any builder for inspecting the property or a pest technician for checking out and clearing pests from the house.
As far as the cost is concerned, it may vary, depending on the type of inspection you are choosing. Not just that, but the size of your house and additional areas may also influence the cost. It’s a must thing if you wish to sell a home fast for cash.
The process includes:
- A thorough evaluation of the house and the performance of the systems installed
- Visual examination
- Identifying elements that might be unsafe or expired
If you are hiring professionals for this job, you may even get a documented written result, which can be beneficial in influencing your buyers.
Talking about the scope of this service, then it has been recommended by experts of the market. The major reason behind its popularity is that you can find out those defects or flaws that you might have neglected. Right from the accessible features to house performance, design, and other aspects of the house – everything undergoes a thorough inspection.
Therefore, you can totally rely on this home inspection procedure to make your house one of the best and most considerable ones in the market. Not just your buyer, but you – as a seller – can benefit a lot from this process.
What factors does a Home Inspection include?
There are several things that a standard home inspection procedure includes. To sum it up, you can ensure almost every part of your house getting inspected. Also, by spending additional amount, you can even get your exteriors and garage inspected thoroughly. So, few of the components included in this procedure are:
- Mechanical & Natural Ventilation Systems
- Electrical System
- Insulation & Vapor Barriers
- Heating & Air Conditioning System
- Plumbing System
The professionals would also assess ceilings, walls, floors, doors, windows, basement, and the entire foundation of the house.
Apart from these things, there are several other factors that come into consideration. Mildew and Mold inspection is another example. If present in the house, the stains and the odor of mildew can ruin the opportunities of selling it. Your buyer will run away instantly just with the smell of it. Thus, ensuring that your house is safe from such thing is important. And then, there are basements, chimneys, and other such things that can be checked.
Benefits of a Home Inspection for Sellers?
There are innumerable people who are still skeptical about the benefits of getting the home inspection done. But, indeed, there are many that you can procure.
Most of the times, sellers are not aware of the flaws and defects of their houses until someone points them out. And, you would surely wish your buyer’s inspector to be the last person to point out such defects. Therefore, by opting up a house inspection beforehand, you reduce the chances of getting surprised with all the defects that were present in your house. This would even help you bid a higher price for your property.
Moreover, if you are handling the maintenance part to the buyer, it is most probable that it may end up costing you more. The buyer would definitely want the things to be in accord with their wishes, regardless of the amount it would cost. And, if you haven’t given the rights of the property to them yet, it is possible that you might have to pay for the changes. So, why should you take a risk?
So, to sum it up, the home inspection:
- Fills you up with confidence that you are aware of your house’s condition
- Allows you to fix the defects as per your wishes
- Lessen last minute pop-out of defects, which may affect the sale
How Does a Pre-Selling Home Inspection Work?
Generally, it is important to conduct a home inspection before you list your house for sale in the market. This would allow the buyers to have a fair idea of the house condition and it will also give you an upper-hand in negotiation if everything is alright and is in superior condition. Most of the times, people conduct this inspection after listing the house. This can, in some way or the other, bring out several issues.
Once the inspection is completed, the inspector will then provide you a full report. You can, along with your real estate agent, review this report and decide upon the prices. After that, the report is then published and provided to real estate agents so that the buyers can go through it before contacting you to get the things done.
The Financial Advantages of Pre-Inspection
Often, people back-off from this pre-inspection just because they either don’t want to spend anything on the house or are too scared to find major defects. While it is true that inspecting calls for investment, however, it also increases the value of your property. Not just that, but if your house is up-to-the-mark, it can even increase your chances of a quick sale in comparison with your competitors.
If you can just publish a report that would certify your house as properly maintained and free of pests, then undoubtedly, it will increase the number of buyers in your kitty. It will also help the buyer by preventing them from calling their own inspector and spending the money on it. On the top of that, an official document, stating the accurateness of your house, will always fill up the buyers with positivity and they won’t have to think thousand times before investing in your property.