Why You Should Consider a Pre-Listing Home Inspection
September 12, 2018
Even though almost all home sales are contingent upon a buyer’s inspection, as a seller you should strongly consider getting your own inspection done—before you put your home on the market.
Here’s why a pre-listing home inspection can be valuable:
• You’ll know exactly what you need to repair/replace. Do you really know what needs to be repaired or replaced in your home? You probably can tell pretty easily if you need a new dishwasher, but how do you know that you don’t have septic problems? Or mold in your walls? With a professional pre-listing inspection, you’ll know exactly what repairs or replacements you’ll need to make.
• It can help you avoid problems with disclosure laws. All states have disclosure laws that require sellers to disclose certain known defects or problems with a home. Although any issue is likely to be caught during the buyer’s inspection, having a pre-listing inspection gives you an extra layer of protection against running afoul of your state’s disclosure laws.
• You can ensure that the repairs are done correctly. Not only can a professional home inspector identify problems, but they can also point you in the right direction in terms of completing the repairs or replacement correctly and up to code. There’s not much worse than paying to have repairs done—and then having to redo them at a later date.
• You may be able to play up the repairs when you list your home. Many repairs that are found during an inspection can be advertised as upgrades when you sell. For example, if the home inspector finds problems with your roof and you need to have it replaced, you can use the new roof as a selling point when it comes time to put your home on the market.
• Buyers can get a sense a comfort from a pre-listing inspection. With a pre-listing home inspection, you’ll be sending a message to potential buyers that your home is up to standards, is structurally sound and has been inspected by a professional. If a buyer has to make a choice between two homes, that pre-listing inspection may be the decisive factor.
• You can avoid some last-minute headaches. Finding problems during the buyer’s inspection—at the end of the selling process—can be a seller’s worst nightmare. Although a pre-listing inspection is no guarantee that the buyer’s inspection will go off without a hitch, it can identify problems ahead of time and give you a chance to make the needed repairs and replacements.
Having your home inspected before you put it on the market is not always a necessity, but the pros often outweigh the cons. If you want an advantage when selling your home, you should definitely consider a pre-listing home inspection.
For more than 25 years, Omega Financial has been serving mortgage clients in Massachusetts. Our brokers have approximately 50 years in the mortgage business. You always will receive fast, courteous, and accurate information. Omega Financial, Inc. is a company duly licensed to operate in Massachusetts as a Mortgage Brokerage. We are located in the Town of Norwood, Massachusetts where we have been operating as Omega Financial Incorporated since 1988.
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