When you are in the market for a new home, one of the most important steps you should take is completing a home inspection. But what about when you sell your house? Is a home inspection necessary? Is it worth your time and money? In many situations, it is. Here are several reasons why you should consider a pre-inspection of your home when selling.
1. A Home Inspection Helps You Get Your Home Move-In Ready
A pre-inspection of your property will help you identify any potential issues. And by scheduling the inspection ahead of time, you will have more time to complete any necessary repairs and you can more easily hire the contractor or repairman that you desire.
2. It Makes Buyers More Confident in Your Property
When buyers know the home has already passed an inspection, they are more confident in their buying decision. This pre-inspection report helps take away much of the worry and stress that comes from such a large purchase. They will know what is expected, what repairs are needed, etc., before they get too far into the home-buying process.
3. There is Less Wiggle Room with Pricing
When there are major repairs or issues that appear on the home inspection report, many potential buyers will adjust their offer to cover the cost of repairs. This can cost you hundreds and thousands of dollars depending on the number and the severity of these problems. But, by fixing many of these issues prior to placing the home on the market and providing a pre-inspection report, it takes away that wiggle room and ability to reduce the price.
Drawbacks to a Pre-Inspection
Keep in mind that there are some drawbacks to a pre-inspection of your property. For example, if you have a fixer-upper property and you know it is in need of much repair, an inspection may not be necessary.
Additionally, you will need to disclose any problems the home inspector discovers. In some situations, this can hurt your home’s chance of a sale. If you are concerned about having a pre-inspection of your property, it is wise to talk to your real estate agent to discuss the pros and cons regarding your specific property and goals with the property.
If you are ready to place your Markham home on the market or are looking for your dream home, give Markham real estate agent Martin MacFarlane a call. He can help you through every step of the home-buying and selling process.