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Most buyers understand the importance of getting a home inspection before purchasing a property. But did you know that some sellers are also opting to invest in a pre-inspection? These savvy homeowners realize that a pre-inspection can be a very helpful tool when it comes time to market their houses. If you're thinking about putting your property on the market, you might want to consider following their lead. The following are four ways that a pre-home inspection could benefit you during the sale of your house.
Imagine this scenario: You thought that your house was as good as sold, but then the buyer's home inspection reveals a major defect. The problem is worrisome enough that your buyer decides to back out of their sales contract. Now, you're having to put your house back on the market. If you had opted for a pre-inspection, chances are high that your inspector would have discovered the defect and you could have addressed it before listing your property.
Getting a pre-inspection report can also help you determine the best way to spend your money while readying your house for the market. For example, you may be thinking of paying to professionally stage your home. But if a pre-inspection turns up several defects that could impede the sale of your house, it would make more sense to channel your money towards necessary repairs.
Buyers often add a clause in their sales contract that requires any issues discovered during their home inspection -- even minor ones -- to be repaired by a professional contractor. This can often be unnecessarily expensive. A running toilet, for instance, discovered during a pre-inspection can usually be fixed easily, cheaply and satisfactorily to code by a handyman or even by the homeowner. But a buyer may require the seller to use a plumbing contractor to fix the very same problem if it is written up in their home inspector's report.
A pre-inspection report can also provide you and your agent with important information that can help you to accurately price your property. If, for example, your house has some minor issues, such as an aging roof, that you don't want to fix, you can decide to price your home accordingly.
While there are many positive reasons for having a pre-inspection performed on your home, there are some cons, too, including:
If you're thinking about selling or buying a home, contact me. I would love to talk to you about my services and how I can help you better navigate the home buying or selling process.
Dating back to the 1970s when his father put him in charge of the family real estate business, Jeffrey Germagian has built a longstanding portfolio of real estate transactions and developments. Along the way, he has grown the family’s original company, then known as Baystate Realty, to the elite status it represents today as ERA Key Realty Services.
Although we’ve expanded our real estate offerings and our branding has evolved to represent all of the real estate services that we provide, ERA Key Realty, The Baystate Group still holds true to the honest business practices and principles that Jeffrey’s father set out with decades ago.
Jeffrey manages the Baystate Group which specializes in traditional home resales, land development, and 55 communities.
He lives in Hopedale, MA, and serves the local towns in the area including most suburbs of Boston as well as southwest of Boston. He is a Certified Residential Specialist and is fully licensed as a real estate agent to practice throughout the entire state of Massachusetts.