Home inspections typically help buyers determine the condition of a property. A home inspection is a visual, limited, non-invasive examination of the condition of the home. Here are a few tips for buyers and sellers to know before conducting a home inspection.
Home Inspection Tips for Sellers
Many sellers wonder if they should pay for and get a home inspection before they list their house for sale. The general thinking is that the seller will then know which, if any repairs, may be suggested by the inspector. This gives the seller the opportunity to perform these repairs before listing their house for sale. However, there are a few things to keep in mind:
- The buyer has the right to request a home inspection as part of the contract. A home inspection is one opinion. In many cases, they will use a different inspector than the one the seller may have used. So, even if the seller has a home inspection done, the buyer’s inspector may find different areas of concern.
- The average cost for a home inspection is $300-$600, depending upon the size of the home. When the seller hires a home inspector, it does not provide any added benefit to the buyer. Often, the seller can save this money and use it towards the negotiations.
- If the home inspector uncovers a hidden deficiency, the law requires sellers to disclose it to any buyers, up front. So, once an inspection is performed, any negative material defects must be shared.
For these reasons, many Sellers opt not to perform an inspection ahead of time.
Before You Hire a Home Inspector
Whether you are a buyer or seller, there are a few things you can do to make sure the home inspection is money well spent:
- Research the inspector: Make sure you seek out a certified professional. Ask questions about their experience, qualifications and what line of work they were in, before they became an inspector.
- Attend the inspection: While performing an inspection, the inspector may uncover items that are not material defects but require maintenance, service or repair. If you attend the inspection, you’ll gain valuable insight into these types of items, the details of which may not always be included in the written report.
- Read the inspection report: No point in paying all that money if you don’t take time to read the details of the report. Usually, the inspector will provide photos and details about areas of concern. Make sure to read the entire report so you don’t overlook anything.
The Donnelly Group has a specialized Seller’s agent who can assist you with this process. Contact our seller’s agents for more information about whether you need a house inspection to sell your home.
Don’t forget to check out our latest guide: 10 Ways To Sell Your Home Quickly