Are you thinking about putting your home on the market? With today’s market being a Buyers’ market, many Sellers are frantic about how to get their home sold in the shortest amount of time and for the most money possible. With that being said, many Buyers are savvy about their offer and know that they can negotiate the best terms for themselves when purchasing today. In fact, many Buyers will go back to the Seller and ask them to complete costly repairs or lower the price of the home. Many times, Sellers are not prepared to do either due to them not making any money on the transaction or them actually owing money to their bank to pay off their mortgage.
To avoid unnecessary surprises and killing your real estate deal, get a pre-listing inspection before putting your house on the market. It’s important for you to discover the problems that can terminate your contract upfront to know how to handle them appropriately. Make sure to keep all receipts when completing repairs to have proof for the Buyer…they do ask!
Here are some of the major obstacles that can destroy a real estate deal:
- Structural Concerns can be very costly and require an additional inspection to be completed by a Structural Engineer. A shifting house will scare most Buyers away because it is a major headache to repair.
- Replacing a Roof is not on the list of things a Buyer wants to deal with when moving into a new home. A small roofing leak can turn into a major problem and should not be taken lightly.
- Electrical Issues is a major concern due to the possible danger of fire. This is a major safety issue for Buyers.
- Synthetic Stucco or Exterior Insulation Finish Systems (EIFs) can be cost effective options to traditional stucco. However, if they are installed incorrectly, moisture can be trapped behind the siding resulting in damage and mold that can cost thousands of dollars to repair.
- Heating & Air Problems is a severe problem, especially for Buyers that have children. No one wants to be sweltering in the summer and freezing in the winter.
As you can see, scheduling a pre-listing inspection before putting your home up for sale can save a real estate deal if you are knowledgeable about problems and prepared on how to take care of them upfront.
Contact our preferred vendor below to schedule your inspection today:
Als Inspections LLC
Contact: Alvin Smith