A licensed inspector visits your home for a property inspection. While at your home the inspector provides you with a detailed list of items that may be negotiated in a sales transaction. Prudent sellers have their property inspected prior to listing to allow for economical repairs and to avoid negotiating unreasonable credits with potential buyers. In the real estate market buyers may ask for twice the repair cost. While the pre-inspection definitely involves an investment on the part of the home seller, in the end it could help realize a greater profit when the home sells. In New Jersey and Pennsylvania there is increased amount of competition in the market and therefore a pre-inspection is a good tool that should serve sellers well in order to get ahead of other properties listed for sale.
By identifying possible defects early on, the seller is in a position to handle repairs prior to listing, making the listing more attractive. Making repairs ahead of time will limit objections over defects during the negotiations. If the seller elects not to repair certain defects that turn up in the pre-inspection, they can disclose the defects to potential buyers in the disclosure documents.
The seller has time to obtain estimates for repairs.
The home warranty coverage
adds to the buyer’s confidence level. In a buyer’s market one of the best things sellers can do to facilitate a sale is to pre-inspect the home.
While the pre-inspection definitely involves an investment on the part of the home seller, in the end it could help realize a greater profit when the home sells.