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Pre-Sale
Inspections
For the majority of sellers, pre-sale
expenses are unwelcome. Available funds are usually spent on
sprucing up, cleaning up and making repairs. But there's one more
expense that can make a big difference in getting what you want.
When you and a buyer agree on the sale price of your home, the sale
will be contingent upon a successful home inspection. If the home
inspection reveals problems, the buyers may want to renegotiate with
you and ask that you reduce the sale price in accordance with
repairs or problems. If you have arranged to have your home
inspected before you list it, you can avoid any unpleasant
surprises.
A pre-sale inspection is worth much more than it costs. For example,
you can present a full disclosure of the property's condition to
each prospective buyer. If the buyer is happy with the inspection,
the purchase offer will be based upon full knowledge of the
property's condition and an agreement can be reached more quickly.
A professional inspector will evaluate the major systems including
the electrical, plumbing, heating, air conditioning, appliances,
fireplace, roof and the foundation. He or she will go over the house
and systems with extraordinary care and report on items that need to
be replaced or repaired. The home inspector can also estimate the
useful life of the systems, equipment, the structure and finishes. A
home inspection doesn't specify cosmetic imperfections. But it does
reveal serious problems and maintenance issues and advises what
should be done to correct them.
A home inspection report exceeds the legal requirements for seller
disclosure. By revealing a larger body of information you
effectively limit future liability. Plus, a pre-sale inspection
shows buyers that you have nothing to hide. Buyers are more willing
to accept any defects of the property if they are initially
disclosed and not “uncovered” by a home inspection later.
When faulty conditions are discovered later in the escrow process,
buyers typically expect the repairs to be made at the expense of the
seller. The case for a pre-sale inspection is a strong one and
serves both the seller and buyer.
Copyright 2006 PropertySource Network |
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Jeannie Hamilton
ABR, CRS, e-PRO, GREEN, GRI, SRES
Broker/Owner
Hamilton Properties
1100 Deer Trail Road
Boulder, CO 80302-9437
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Office: |
303-443-9221 |
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Cell: |
303-817-9988 |
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Fax: |
888-449-3611 |
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Toll Free: |
800-443-9212 |
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Email: |
jeannie@jeannierealtor.com |
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Email
webmaster@jeannierealtor.com with
questions or comments about this website.
Copyright © 2012 Jeannie Hamilton, Inc
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Last Updated:
January 24, 2012
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