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No matter what "shape" the owner
feels his/her property is in (good, bad or in between), the smartest
thing they can do is spend the few dollars necessary for an accurate
home inspection. Spending these few dollars
in the beginning will save you major dollars and stress in the end.
Possessing this information prior to listing your home for sale not
only enables you to plan, but to price your property accurately. The
information gleaned from the reports allows you to take care of any
repairs that you feel you want to on your time schedule, and to
obtain bids from various contractors for repairs you don’t want to
tackle yourself, which could save you a lot of money in the process.
When you do list your property for sale, you do so empowered with
the knowledge that you know of, or have taken care of any repairs,
and you can go into negotiations with the buyer straight on because
you have a "heads-up" on what the condition of your home is. This
negotiating strength will allow you to realize as much of your
equity as possible to be used to purchase your new home. Most real
estate agents will appreciate this situation also because it takes
most of all the uncertainty and stress out of the equation. Normally
the home inspection results are revealed shortly before escrow is to
close and there is no time for obtaining bids or alternative
actions, which can result in a "blown" deal with everyone unhappy.
If you're like most home sellers, you have probably
lived in your home for more than 5 years. It is in these last 5
years some major changes have occurred in the sale process of a home
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Sellers Disclosure.
The biggest change is the requirements of providing a "SELLERS
DISCLOSURE." You the home owner must list all the known defects in
the home.
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Home Inspectors.
The home inspector is usually hired by the Buyer and arrives at
your property after a contract is negotiated to inspect and list
any defects, questionable areas, upgrade suggestions and
maintenance.
When significant problems are found by the Home
Inspector the buyer may:
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terminate the contract.
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or ask for inflated amounts to have the problem
fixed.
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or be so alarmed by the defect found, will
terminate the contract without giving you the chance to fix it.
Either way your house is back on
the market and the problem is still there for the next buyer to
find.
The problem is the timing of the home
inspection.
The trend is changing, and Sellers are having a home inspection at
the time of their listing in order to repair or determine the
condition of their home and to use it as a sales tool. A Seller's
inspection will virtually eliminate all the hassles and blown deals
inspections cause when the Buyer brings their inspector. It gives
the leverage back to the Seller.
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No more renegotiations after the home inspection.
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No more alarmed buyers when the home inspector
finds a problem.
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No more does the Seller have to deal with inflated
repair estimates that costs him or her money.
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No more countless hours and dollars in energy to
get a contract that is "blown out of the water" by surprise
defects.
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Above all, a Seller's Inspection is the ultimate
gesture of full disclosure and will help protect the Seller.
How easy is selling a house with a Seller's
Inspection?
If a seller's inspection is performed and significant damage or
defects are found. there will be disappointment, but no hysteria or
regret. No deal about to go sour. The agent will discuss the
problems with the Seller and will determine if this listing is "AS
IS" with full disclosure, or if any repairs need correcting to
expedite the sale. The Seller then corrects any problem areas, and
calls for a reinspection of the home. The home inspector returns a
clean report. Next, a Buyer enters a contract agreement with the
Seller. The Buyer will choose to trust the home inspection or will
have another. No major problems should be found by the second
inspection. The deal coasts downhill to closing. Everyone is happy.
Use the Seller's Inspection as an Internet
sales tool!!
Your inspection
report can be displayed over the Internet! We will provide you with
a link address that you can give your Real Estate Agent or use it at
another listing service. When prospective buyers see your listing on
the web, they can view your report instantly. You can also have the
home inspector return to approve of any repairs you made. The items
will be cleaned up or removed from the report and a revised report
will be placed with your listing.
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