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Why a Seller Should do a Home Inspection BEFORE they list

By
Real Estate Agent with Keller Williams Realty

 

When preparing your home for sale, you are going to do lots of things to make it more appealing to potential buyers. You are going to clean up the yard, apply a fresh coat of paint where needed, get rid of all clutter in and around the house, have the kitchen and all bathrooms at their sparkling best, get the rugs cleaned, clean all windows, etc.

Why not spend the relatively few dollars and also have a home inspection? Find out the hidden problems with your home and correct them in advance. If you don't, you can be assured that the buyer's inspector will find them. When the buyer's inspector finds a problem, it can throw a monkey wrench into the works. And cost you extra dollars!

The buyer will ask you to fix the problems found by their inspector - or no deal. If you do not want to fix the problems, they will ask for a reduction in price or a cash credit at closing - or no deal. In some cases, they buyer may even cancel the purchase entirely, not giving you a chance to make any corrections.

If the buyer cancels the purchase, where does that leave you? It leaves you with a house that you will have to put back on the market - a house that has been stigmatized. Future potential buyers and their Realtors will always wonder, "What happened with that first deal?"  You get my drift...

Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
HomeSmart Stars - Addison, TX
Real Service. Real Results. Real Estate

And a potential buyer will usually estimate repairs at 3 times the actual cost of those repairs.  It is to the seller's advantage to know the condition of the property before it is listed and decide up front which repairs to make before the home goes on the market.

Jan 06, 2009 01:17 PM