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For some unexplained astrological reason, I've had a number of challenging transactions lately. When I first started in the real estate business over 25 years ago, professional home inspections were unheard of. Now they are common practice. It's a rare transaction that does not involve a home inspection. Generally, however, the home inspection is performed after an offer has been negotiated and all documents are signed by buyers and sellers.
In spite of how well a home is maintained, the home inspection ALWAYS identifies issues that need to be dealt with before closing on the transaction. If walls and ceilings could talk, they could tell us about "hidden" problems and ask for attention but, unfortunately, they can't so we have to rely on home inspectors.
In a recent transaction, on what appeared to be an immaculately maintained home, the home inspector discovered (among numerous other things) the sewer had never been hooked up. You can read about that experience here.
In our most recent home inspection, the inspector discovered mold in the attic due to poor ventilation. When the vinyl siding was installed, the vents were partially covered and restricted from allowing proper air flow. It was getting to the point, if left untreated much longer, serious damage would have been caused to the roof sheathing and rafters.
Had we not been able to address these situations in an unemotional manner, both of the above mentioned inspections could have resulted in cancelled sales. We were able to salvage them, but it brings up an interesting point I've long been pondering.
It's becoming even more evident that pre-sale home inspections would be extremely beneficial. The homeowner would not be concerned about undiscovered problems, which could potentially delay (or even kill) closing... and the buyers could be assured they knew what they are negotiating to purchase.
I've had only one seller who, without prompting, ordered and paid for a home inspection before they put their home on the market. They addressed ALL of the repair issues before ever putting the home on the market. It was one of my smoothest transactions ever.
Are there any agents out there requesting home owners do pre-sale home inspections? If so, how are you approaching the issue and what response are you getting?
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.