Why Home Inspections Save the Seller Money

Real Estate

WriterG
Those in the Real Estate Industry are aware that time and time again, the home seller decides to sell their home without first attempting a home inspection. The house seller waits anxiously for interest to build. They attract several potential buyers. They agree on a price and the deal is almost set to happen. That is, until the potential buyer insists on their own complete home inspection. Well, this is common. No home buyer is going to seal a deal without a home inspection. So, both parties agree to the home inspection.

What happens next strikes fear into the heart of many a house seller. The potential buyer finds problems that should have been fixed before the house was placed on the market. And the majority of problems were unknown to the seller. At least that is the hope. The home owner certainly doesn't want any potential buyers to think that they are swindlers. The inspection findings immediately place all of the power in the hands of the buyer. Now they have enough information to reduce the original sales price. The odds are on their side that they win the battle. Here are more reasons you should get your own home inspector before selling your house.

More Reasons to Get a Home Inspection

Inspection Codes - By getting a home inspection before the house selling you can make sure that your home is up to code. Your property might have easily passed home inspection and been up to code ten or twenty years ago. Codes change over the years. Now your home might violate several codes.

Save Money - A home inspection saves you (the home owner) money. Fixing a few problems might cost only several hundred dollars. This certainly out weighs losing thousands in a home selling price or losing out on the entire deal.

Higher Appraisals - The home might appraise at a significantly higher value once you've completed your own home inspection and fixed all the problems.

Save Time - Offering the potential buyer a completed home inspection report speeds along the property sale. Approaching the buyer with an approved and completed home inspection report shows the potential buyer that the home is in good shape and no hazardous issues exist. More often than not this speeds along the sale if the buyer accepts your home inspection report.

Big Advantage - Ultimately, getting a home inspection before placing the house up for sale, places all the
cards in your hand. You have the upper hand at fixing any issues that interfere with the sale. In some
circumstances, the house price might be adjusted higher because of a more favorable appraisal after the
inspection.

Published by WriterG

Writer G is a writer, publisher, blogger, and has an undergraduate degree in Business Law  View profile

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