Pre-Listing Inspections & 11th Month Warranty Inspections
If you are selling a home, you’ll get the highest price in the shortest time, if your home is in move in condition. You want to find out about any hidden problems before your house goes on the market.
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 many problems, it can cause cold feet and the deal can often fall through. It can also cause the seller to get the buyer to come down on the price. At best, surprise problems uncovered by the buyers inspector will cause delays in closing, and usually you will have to pay for rush repair charges, or take a lower price on your home.
One of the key benefits of having the inspection done before it’s listed, 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 an inspection performed, the deal you’ve worked so hard to get done may fall apart unless you act quickly to get the repairs done. 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 would have 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. At HomePro we will pre-inspect your home, provide you with 10 copies of the report to put on the counter for potential buyer. We also send a “just inspected” flyer out to our data base. We also put a pre-inspected sign in the front yard. HomePro’s pre-listing inspection is really a pre-marketing inspection. A certified pre-inspected house has a higher perceived value than a regular house. Our pre-marketing inspection has many advantages:
- The report can help you substantiate a higher asking price if problems don’t exist or have been corrected.
- The report can be used as a marketing tool.
- The report provides you with full disclosure protection from future legal terms.
- The report will reveal problems ahead of time which might make your home show better.
- The report is the ultimate gesture in forthrightness on your part.
You will 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.
By having a pre-listing inspection done, you can identify problems early. Then either correct them or present them as is, assuring that the first offer you accept can move quickly and smoothly to closing without delays or costly surprises. Call HomePro to do your pre-marketing inspection.
Check out our PDF on 7 ways a Pre-Listing Inspection can speed up a home sale!
HomePro Home Inspections of Ga, Inc | 3651 Mars Hill Rd Suite 600-B, Watkinsville, Ga 30605 | 770-725-9245
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