Monday, February 7, 2011

How Home Inspections can help a Real Estate deal go through



So, you’re planning to sell your house. Well, there are lots of things that you should remember before selling it. One of these is making sure that your house has undergone a home inspection.
A home inspection is a limited, non-intruding examination of the condition of a home. It covers a wide area of careful examination- from the driveways, walkways, stairs, decks, windows and doors, roof and gutters, skylights, vents, fireplace and chimney, basement/foundation, heating and cooling systems (Furnace and AC), electrical panels and wiring, flooring, plumbing systems, and even to the kitchen/bath operations. A seller may ask, “Why should I conduct a home inspection when I am about to sell it?” 


Home Inspectioning

Think about it deeply. Buyers can be very fussy. They always want to purchase a house that is durable and that part of it is in a proper condition. Likewise, a home inspection assures the buyer that the house is well-maintained and in good quality. It also allows both the seller and the buyer to make a clear understanding of the house. Prospective buyers are likely to find a pre-inspected home more attractive and credible. Their comfort level is increased. It will also help you obtain specific information regarding the various systems and structural features of the home. 

Better look Home Improvement

 Additionally, in the future, it will also protect you from being accused as a fraud due to the undetected defects in your former home. If you choose to go the pre-sale inspection route, then, it will be certainly easy for you to get referrals for professional home inspectors from friends or local real estate professionals. The home inspection falls to inspectors who carry liability insurance which prevents them from spending money that are related to lawsuits that question their judgment As for the buyer, the inspection process identifies these items and gives the buyer relevant information about maintaining the home to make sure their investment stays safe and functional for years to come. If a home inspection is conducted prior to real estate transaction, the cost of the process can be added to the price of the home.  On the other hand, the purpose of home inspection is quite different from home appraisals. While home appraisals tend to determine the market value of a particular property, home inspections highlight items that may be in need of repair or even replacement. Obviously, as an effect of conducting home inspections, complicated legal conflicts and disputes can be truly avoided. Today home inspections cost $200 and up, but its concrete benefits is definitely worthy. Seller inspections can speed up the real estate transactions. 

The seller liability and buyer home inspection reports does not delay the sales process, with this inspection. Home seller liability and buyer home inspection reports and liabilities vary from state to state, but whenever an inspection occurs, it brings clarity to a home sale and more often than not absolves both the seller and buyer of liability. In general, a home inspection strengthens your credibility as a home seller.

No comments:

Post a Comment