Before you sell, and you want a good price for your home, does it make more sense to discover and repair issues before a buyer does and cancel escrow? Home owners who plan on selling should consider doing their own pre-listing inspection vs. waiting for a buyer to do it and how it may impact the perceived value of your home in the eyes of buyer. The better the condition the home is in on the first day of market, the less likely a buyer’s own home inspection may have issues that could cause a renegotiation on price, demands for repairs, or credit for repairs; this can reduce the net of the seller’s amount at close of escrow!
Here’s is just a short and limited example what home inspectors may review, according to the American Society of Home Inspectors’ (ASHI):
- Heating system
- Central air conditioning system
- Interior plumbing and electrical systems
- Attic, including visible insulation
- Windows and doors
- Structural components
- Water Pressure
- Area under Sinks
In preparation for a home inspection, no matter when it shall be done, it’s a good idea to be helpful so the inspectors can to their job. Here are a few tips to help:
- Leave keys for locked areas and label them where the inspector can find them.
- Make sure all pilot lights are on for fireplaces and furnaces, even in summer — so the inspector can check heating and other appliances
- Tidy your garage — There needs to be an unobstructed path o your furnace/HVAC unit/water heater and anything else that needs inspecting.
- Tidy your attic same for the same reasons as the garage.
- Clean up key areas in your yard so the inspector won’t need a machete to get to your crawl space, drainage access points, or septic tank.
- If the home is vacant and the utilities have been shut off, have them reconnected.
- Secure pets in a cage or leave them with someone you trust, unless you can take them out with you while the inspector is there working.
- Remove excessive items from under all sinks. There is often too much stuff under there and every sink may be looked at!
Having an opportunity can help put your home in a more attractive position of enticing buyers to make offers, and hopefully a fair-market offer! Helping the inspection to go as smoothly as possible can be on hurdle that may go better for all involved in the transaction, as there are more contingencies to clear, so being ready up front is to a seller’s advantage! Less stress, time saved, more buyer-confidence, and one less worry for the seller!