Pre-Listing
(Seller) Inspections
Why
Get a
"Pre-Listing/Seller" Home Inspection ?
If you are
selling a
home, you'll get the highest price in the shortest time, if
your
home is in top condition. Almost all sales contracts include the
condition that the contract is contingent upon completion of
a
satisfactory inspection. This is
known as the inspection contingency. Buyers will insist on a
professional home inspection performed by an inspector which they
will hire. If the buyers inspector finds a problem, it can cause the
buyer to get cold feet and the deal can often fall through. At best,
surprise problems uncovered by the buyers inspector will cause delays
in closing, and usually you will have to pay for repairs at the last
minute, or take a lower price on your home to compensate for
the repairs they will have to do.
It is
better to request your own inspection
from OxBow
Home
Inspections
before putting your home on the market.
Having a pre-listing inspection done will make the whole sale process
easier. After the inspection, you may opt to present
some items as
is and reflected in the purchase price. Otherwise, you can count on the
buyers inspector finding them, at the worst possible
time, causing delays, and costing you more money.
One of the key benefits of having OxBow
Home
Inspections
perform the inspection before you list,
is that if there
are any problems discovered that need to be repaired, you can have the
repairs done on your own terms, on your own schedule. When a problem
isn't found until the buyer has an inspection performed, the deal
you’ve worked so hard to get done may fall apart unless you
act
quickly to get the repairs done. Or you may have to take a lower price,
in order to keep the deal moving. In either case, you’ll
almost
certainly have more headaches, and spend more money, than if
you would have known about the problem and had it
repaired before negotiations began.
You could save thousands by simply being
able to shop around and get
competitive bids from contractors, rather than being forced into paying
for a rush job at the last minute. Another area where you can save
money is in having flexibility to choose the materials used in
repairs. Sales contracts usually specify repairs must be made
using materials of comparable quality.
As mentioned earlier, you can also benefit
from simply offering certain items as is.
Often, you can negotiate with a buyer to
accept items in the current
condition by stipulating that they are reflected in the purchase price.
But that same buyer may walk away from the deal if the conditions come
as a surprise, after an offer has already been made. If the home is
inspected before the house goes on the market you will be aware of the
condition of the house before an offer is made. There won’t
be
any surprises and the deal is far less likely to fall apart. It takes a
lot of effort to get a sales agreement signed in the first place. If
the inspection turns up problems, the buyer will want to
negotiate a new deal and that second sales
agreement is usually even harder to get done than the first one, and is
almost always for a lower purchase price.
By having a
pre-listing inspection performed by OxBow
Home
Inspections,
you can identify problems early. Then either
correct them or present them as is, assuring that the first offer you
accept can move quickly and smoothly to closing without delays or
costly surprises.
One more
added benefit:
many buyers will
even skip their own inspection once they find out that you have already
had a thorough and impartial inspection completed. This
results
in fewer deals crashed at the last minute, as well as much faster
closings.
OPTION:
If you
would rather have a "walk-thru" verbal inspection (without a written
report), then let me know. The price for this option is 50%
off
the regular price.
Back
to The Inspections
Order
a Home Inspection
I adhere to the NACHI
Standards of Practice
as well as the IHINA and the NACHI Code of Ethics.
NACHI Standards of Practice
IHINA Code of Ethics
NACHI
Code of Ethics
Proudly
Serving the Following Counties:
Ada, Adams, Boise, Canyon, Gem, Payette, Valley, and Washington
Oxbow
Home Inspections • PO Box 4296 Boise, ID 83711
• 208.781.0605
Troy Farmer: Owner/Inspector • E-Mail:
info@troyfarmer.com
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