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Pre-Inspections

By
Real Estate Agent with Exit Realty

Pre-Inspections July 11th, 2008 12:32 AM

A pre-inspection can give a seller a competitive advantage in today's market where there is a surplus of homes for sale.It eases the mine.The seller is able to fix items that needs to be fixed that would come forth once the buyers began to look at the house which will make the house more marketable.The seller does have to pay the cost  and the buyer may want to have a inspection as well,but  it will help in the negotiation process.It is reassuring for buyers because the pre-inspection report can be made available for them to review.Buyers know if the house needs repairs and eliminates stress of renegotiations.In the long run it pays off ,they can lose money to keep the transaction from falling through.It can be used as a marketing tool as well to reassure buyers the seller's home is in tip top shape.On the other hand the home may be in bad condition but a pre-inspection report is disclosed up front,which will help.

Visit anytime www.brendakingrealtor.com

Vickie McCartney
Maverick Realty - Owensboro, KY
Broker, Real Estate Agent Owensboro KY

Brenda~ I think that pre-inspections are a great thing and should be done, but most sellers won't do them!

Jul 10, 2008 04:46 PM
Tom Davis
Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today ! - Dover, DE
FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor

Brenda,

Good Luck On That!

Thanks,

Tom Davis

World Class DE Realtor

Jul 10, 2008 04:48 PM
Joe Virnig
RE/MAX Gold Coast REALTORS, Ventura County, California - Ventura, CA
No Ordinary Joe

Preinspections allow the seller to get things fixed on his terms.  That's a lot cheaper than the Cadillac solution most buyers want.

Jul 10, 2008 04:59 PM
Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen

Pre-sale inspecions are very big here as well. The CA contract says that the buyer may walk away from the home is anything about the inspection is unsatisfactory. Therefore we counsel our sellers to do immediate inspections upon listing.

Jul 10, 2008 05:24 PM
Roy A. Peterson
Domicile Analysis of Texas - El Paso, TX
P.R.E.I.

Myself being a home Inspector discourage people from doing pre-inspections, do to the fact that many times after inspecting a pre-inspected home, my list is different and / or items they do not call out, I did. The seller will then ask me why the difference. To keep my answer simple I just say experience, what else can I say, that my professional explanation.

Jul 10, 2008 05:27 PM