Why You Should Consider a Pre-Inspection
June 1st, 2015
Depending on the age and condition of your home, you may want to schedule an inspection before you put your house on the market. If your home is fairly new, you can most likely skip this step; but, if you have any concerns about your home, it’s better safe than sorry and pay the few hundred dollars or so to get a pre-inspection. While most states require that sellers disclose all known defects to buyers, it’s the unknown issues that inspectors are hired to find. These paid inspectors will crawl into the crannies and nooks of your home that we never consider to investigate (because who wants to venture into that?) and identity problems that can haunt the home buyer if not addressed prior to closing. Don’t wait until the prospective buyer confronts you; instead, have it done prior to putting your house up for sale. This will make the process a whole lot less stressful for you and the prospecive buyer. Here are a few reasons you might benefit from a pre-inspection:
Reason #1: Transparency for prospective buyers
As thorough as prospective buyers can try to be, buyers rarely know exactly what to expect from a home inspection–not many people (besides home inspectors) know what’s behind your walls and in the crooks of your basement. A pre-inspection will assure the buyer that no surprises are in store. And, even if the buyer decides to do their own follow-up inspection, they’ll still feel more confident placing a bid.
Reason #2: More time equals more money saved
Even if your home is relatively new, a home inspector can still find a problem area or two. If a red flag is found during a typical home inspection, the seller has a very small window of time to decide whether to fix the repair(s) or adjust the price accordingly. A pre-inspection gives you more time to compare prices and treatment options from a variety of contractors. This can also prevent you from shelling out a significant amount of money for unpredictable repairs like mold remediation or structural work.
Reason #3: More accurate final selling price
Normally, your final selling price is determined long before a home inspector sets foot in your home. This leads to many recurring questions surrounding your negotiations, including whether or not you will have to adjust your final price if unexpected problems arise. A pre-inspection can minimize questions and concerns from the buyer. It also allows you to set a more accurate asking price you are confident and able to defend during the bidding process.
Reason #4: Prevent repeat repairs
As handy as you may be, there’s always a chance of misdiagnosing a problem. But getting your home pre-inspected can resolve these issues, and, most importantly, save you money! For example, let’s say you have been having problems with your toilet flushing, and you pay a plumber to replace it. Upon inspection you find that the problem is deeper than the toilet–it actually stems from the septic system. Avoid paying for a problem twice by bringing in a home inspector to find the source of the problem right away and advise you on what’s the next best step to resolving the issue.
While the average home inspection costs a couple hundred dollars, the benefits are far lasting and will end up saving you time, money and stress. To find a home inspector in your area, visit the American Society of Home Inspectors at www.ashi.org.