Stay Ahead Of The Game With A Pre Listing Inspection

Stay Ahead Of The Game With A Pre Listing Inspection

Are you thinking about placing you home on the market? If so, have you been wondering what could set your home apart from others? Or wonder how you can ease a buyer's worry about your home's condition? If so, then perhaps you should do a pre-listing home inspection. Sure it will cost you some money up front but it may be worth it and keep you from having to renegotiate the purchase price after you have an accepted offer. 

Having an inspector walk through your home before you place it on the market for sale can bring issues to your attention that perhaps you were not aware of or it could reassure you and your listing agent that the condition of the home is sound. 

Lets say the inspector finds issues to report...Don't panic. Better you discover them before a buyer does. 

Addressing issues prior to listing your home can help you tremendously because you can address the issues before a buyer sees it and uses the issues against you in the negotiations. Or you can offer an incentive to the buyer. 

One thing is for sure, finding out your home has problems will feel like a slap in the face and it could delay the closing or worse yet be reason for the transaction to die. Getting an accepted offer is a wonderful feeling. And going to contract is a better feeling and an inspection typically takes place (at least here in Westchester, NY) between an accepted offer and contract. So you need to do what you can to ensure a smooth transition between accepted offer and contract signing and getting a pre-listing inspection can help.

Now lets say the report agrees with you in that the home is sound. Then great. Display the report. Let it be seen that the home is a great purchase. Seeing the report will be a sign of relief for buyers and it could even justify your asking price. 

Having a pre-listing inspection is a great thing. It shows you problems before a buyer sees them. At the very least you can be prepared for negotiations. 

During a pre-listing inspection, or any inspection for that matter, the home inspector will look for problems or issues that a buyer will likely discover as they will be hiring an inspector themselves. Buyers want to know what they are buying. They want to know the home they are about to invest their hard earned money is a great purchase. And one way this do this is with the inspection. 

A home inspector will be looking for things like:

  • Cracks in the walls (interior and exterior)

  • Cracks floors

  • Electrical and plumbing issues 

  • Moisture, water or flooding damage

  • Problems with the mechanical systems

  • Problems with the roof

  • And problems with things like appliances, windows, and so forth

  • Damaged roof shingles.

An inspector's job is to point out things that need to be fixed, replaced or removed.  Once you get the report you will have the opportunity to address issues before a buyer visits your home. 

Now, what you choose to do with the inspection report is your choice. You can fix the problems or just be prepared at the very least to see the issues reappear in the buyer's inspection report. 

Something to remember is that even after an accepted offer a buyer may use the inspection report to renegotiate the purchase price of the property. So you can see this pre-listing report can help you avoid unforeseen headaches. It can keep you ahead of the game. 

Valerie Martinez-Friedberg Headshot
Phone: 914-839-0459
Dated: April 4th 2015
Views: 1,275
About Valerie: ...

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