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A case for Seller home inspections |
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The real estate market is a little bit tougher all over. Except for a very few locations and properties, the days when something comes on the market and enthusiastic buyers offer list price or even higher are over for now at least. Properties that sell quickly, do so because it is priced right and positioned to sell. We have already published a couple of articles: Buying a Home - What is a Home Inspection? and A basic home inspection checklist on the site , but we realized that they may leave the readers with the idea that these inspections are only for the buyers benefit. Sellers read on..
The smart seller (and savvy realtor) will know that spending some money up front to do a pre-inspection is good insurance for the seller. Unless the home is being sold "as-is" then most buyers will have a home inspection done and information that comes out from the home inspection reports are the most likely cause for deals to fall through. So sellers, get your home pre-inspected, find out from the inspection report what the prospective buyer would see, prioritize and repair. Buyers do not always want to purchase something with a long "honey-do" list but they will generally flee, very quickly, when confronted with a list of costly, required repairs. The traditional seller choice of don nothing - no one will probably notice is an option that does not work in today's market and will lead to lower prices and longer sale times.
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Last Updated ( Wednesday, 01 November 2006 )
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