Pre-Listing Inspections aka Seller’s Home Inspection Services
A seller’s inspection is initiated by the property owner usually prior to listing the property and becomes a win win for the owner and agent. It helps the seller to determine what systems and structures of the property need repair. More importantly, it helps the seller and the seller’s agent to accurately represent the home by disclosing damage to prospective buyers (which further helps to curb lawsuits). Damage discovered as a result of a seller’s inspection can either be repaired by the seller (to maintain market value) or used as a negoting tool by both seller and buyer. Without question the best thing home sellers should do is to have a pre-listing home inspection performed prior to placing their home on the market to gain a better understanding of the true condition of your property and give you an edge over your competitors. Many homeowners are simply unaware of the issues in their home in need of repair. The pre-list inspection will provide valuable information and the opportunity for you to address any repairs needed in order to price your home correctly and place your home in better selling condition. It will also help to prevent the unwanted surprise that typically occurs after the buyers home inspector finds a long list of items that will be used for re-negotiation of purchase price and delays in closing. Obtaining a pre-listing home inspection will also serve as an addendum to the sellers disclosure list you are required to fill out, as well as show the potential buyers that you are serious and acting in good faith during the entire process.
Much like a buyer-seller inspection, a pre-listing home inspection is a visual examination of your homes systems, mechanicals and structure. Everything from the foundation to the roof is inspected to ensure that everything is in proper working order. Any defects, damage or deferred maintenance issues will be noted in a comprehensive home inspection report.
One of the key benefits of having the inspection done early, is that if there are any problems discovered that need to be repaired, you can have the repairs done on your own terms, on your own schedule. When a problem isn’t found until the buyer has a home inspection performed, the deal you have worked so hard to get, and waited so long for, may fall apart unless you act quickly to get the repairs done, or even worse, you may have to lower the purchase price of your home, in order to keep the deal moving. In either case, you’ll almost certainly have more headaches, and spend more money, than if you’d known about the problem before hand and had it repaired before negotiations began. You could save yourself thousands of dollars by simply being able to take your time and shop around to get competitive bids from contractors, rather than being forced into paying for a rush job at the last minute.