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Frequently asked questions
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Pre-listing inspections benefit all parties involved, and they are gaining in popularity. Here are seven benefits to a pre-listing home inspection:
1. Time - Selling agents are given time to help the seller decide what areas to work on to improve the home’s appeal.
2. Options - Sellers can choose who they want to perform the inspection and assist in providing details of equipment maintenance, supply dates of improvements and explanations for current conditions.
3. Flexibility - Sellers gain more time to make repairs and compare bids on work to be done, and can truly provide full disclosure to their potential buyers.
4. Accurate pricing - A pre-listing home inspection helps the agent set the seller's price expectation and can be used to substantiate a higher asking price.
5. No surprises - Agents will have fewer issues to negotiate at the 11th hour, and buyers may even waive their inspection.
6. Full disclosure - Buyers’ benefits include receiving a third-party review of the home’s condition before making an offer which can assist in procuring financing.
7. Stress relief - The inspection can remove any doubt the buyer might have regarding any initial concerns and may also reduce the stress associated with purchasing a home.
Sellers have often lived in their home for a number of years. They’re very comfortable and happy with their home and feel that it is a great home. Thus “being used to the home the way it is” has resulted in sellers not realizing how the home actually is or how a potential buyer may see the home. Therefor, having a presale home inspection helps the seller realize that there are some things that they can do to help sell the home faster.
Generally the answer is no. There are a few things that may be required by the state, such as having properly operating smoke alarms and carbon monoxide detectors.
Options. It gives a seller extra time to decide if they want to fix something before listing the house or in the early stages before there is a buyer
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