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Surviving the Home Inspection: A Seller’s Guide

Reblogger Beverly Femia
Real Estate Agent with BlueCoast Realty Corporation

Yes, It is possible to survive the dreaded home inspection and go to closing.  The key is preparation!  That brings to mind one of my favorite sayings "Luck is When Opportunity Meets Preparation!"

 

Credit and comment for this post should be directed to Shannon Lewis of Champaign-Urbana IL at Active Rain via the link below

http://activerain.com/blogsview/2520850/surviving-the-home-inspection-a-seller-s-guide

Original content by Shannon Lewis

Champaign IL HomesSurviving the Home Inspection: A Seller’s Guide

Yesterday we talked about tips for buyers on the home inspection, and today we’ll talk about the home inspection from the seller’s point of view. The home inspection, of course, has the potential to bring the sale of your home to a dead end if an agreement concerning repairs can’t be reached.

Some of it is out of your control. For instance, if the buyer makes unreasonable requests, you may be inclined (and justified) to refuse to make certain repairs, thereby ending negotiations.

However, there are two things a seller CAN do to prepare for the inspection and lessen the chances of the buyer making unreasonable requests or walking away...

1. Consider having your home pre-inspected. Now, the jury is still out on whether this is a good idea or not; some agents think it’s in the seller’s best interest, others think it isn’t.

PRO: It may bring peace of mind, both for you and the buyer. Theoretically, the home inspector will discover anything major, you will fix it before putting your home on the market, and the buyer will be mostly satisfied with the condition of the home before even putting in an offer. There’s still a good chance that the buyer will hire his/her OWN inspector to come through, but there’s less chance of the buyer asking for other major repairs.

CON: Anything that turns up in the inspection report must be disclosed thereafter, by law. If there's something major that you choose not to fix, the buyer will know about it and may become nervous wondering why you haven't fixed it. The buyer might even decide NOT to put in an offer, in that case. Ultimately, whether or not to have your home pre-inspected is an individual decision to be made by each seller.

2. Hire your handyman to come through and fix the little things before putting your home on the market. When the buyer’s inspector comes through your home, every little repair needed will be noted, no matter how minor it is (example: if a lightbulb is out, the inspector will note that either the lightbulb is out or there is an electrical problem). The fewer items that show up on the report, the better the buyer will feel about purchasing your home. Here’s an abbreviated list of things to check:

  • Have any broken window panes replaced
  • Check to make sure windows open and close, and that the locks work
  • Replace any window screens that have been removed
  • Repair leaky faucets
  • Make sure sinks and tubs drain quickly and that drain stoppers work properly
  • Replace any light bulbs that are out
  • Clean gutters, if needed
  • Make sure your downspouts have attached extenders
  • Make any needed repairs to your roof
  • Have your HVAC system serviced if it hasn’t been done in awhile

Home inspections, while bound to cause a little anxiety for any home seller, are usually survivable if both the buyer and the seller are prepared for what to expect. When selling your home, do what you can to have your home in good condition before putting it on the market and lessen the surprises that turn up in an inspection. This will help the buyer feel more secure about the purchase and can go a long way in helping negotiations go without a hitch!

 

 

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About the Author:

Shannon Lewis is a Realtor® and broker/owner of Homeplace Advisors, LLC, an innovative real estate company that provides today's home buyers and sellers with a menu of real estate services to address individual needs and budgets. Her goal is to create positive change in the real estate industry through her work, through her community involvement, and through her company,

Homeplace Advisors.

Homeplace Advisors on Facebook  Visit Our Website  Email Shannon!

To contact Shannon with a question, for real estate assistance, or just to say "hey!":

call 217-552-8059, or email Shannon@HomeplaceAdvisors.com

Stop by her website for more information on home buying and home selling in Champaign-Urbana, IL at www.HomeplaceAdvisors.com

Posted by

Beverly Femia

The Femia Team


"With Us, It's All About You!"

 

Beverly Femia

 

 Coldwell Banker Sea Coast Realty

1001 Military Cutoff Road, Suite 101 Wilmington, NC 28405

Fax to 1-866-784-3089 (Toll Free)

Beverly Femia

Broker / REALTOR®

Email:Bev@CoastalAreaLiving.com

Phone:Bev at (910) 279-9794

Search:Wilmington Area Propertywww.CoastalAreaLiving.com

 

 

 

Comments(1)

Shannon Lewis
Beringer Realty - Champaign, IL
Realtor, Broker - Champaign-Urbana, IL

Hey Beverly, thanks for the re-blog! That's a great saying, by the way. Happy first day of autumn :-)

Sep 23, 2011 10:17 AM