You have decided to sell your home and you are debating whether or not to order a home inspection. While it’s not always done, there are many benefits to having a home inspection done before listing and selling your home. This post is not meant to serve as legal advice; please consult an attorney regarding legal matters.
1. Full Transparency
If the house fails inspection, you will be made aware of any defects or issues before attempting to sell your house. If the house passes inspection, you can share those results with prospective buyers. This generates confidence and peace of mind for both you as the seller and prospective buyers.
2. Quicker Sale
Any defects that are found during a home inspection can be corrected before putting your house on the market. When a potential buyer completes their own home inspection, there should be few to no surprises if you have completed your own inspection. As such, delays due to renegotiating the price or needing to complete repairs because of the buyer’s inspection report will be kept to a minimum ensuring a smoother sale.
3. Exceed Expectations
As many homeowners do not have their own home inspection completed before listing a property, doing so will put you a step above your competition. Of course most buyers will complete their own inspection but having your report to compare to will be appreciated.
4. Price Appropriately
An inspection report will let you know what needs to be repaired. Depending on your budget and time, you may not be prepared to complete all of the necessary repairs just prior to selling your house. Having a complete list of repairs needed will help you to balance out your budget to complete repairs prior to listing your house for sale. There are many factors that can cost you when selling your house. An inspection report will allow you to make an informed decision regarding a reasonable asking price, which may result in more offers more quickly for a quicker sale of your house
5. Minimize Risks
Occasionally, after you sell the property, issues may arise that you might be held liable for. The home inspection you complete before listing your house for sale may help to protect you in such cases. For example, if your inspection report did not show the issue, you may not be held liable.