Although not mandatory, our San Clemente Listing Agents will often tell you that sellers sometimes get a home inspection before listing their home to avoid surprises during the transaction.
Regardless of how long you have lived in your home or how old it is, there could be unknown issues lurking beneath the surface that could derail a sale.
It is the third-most common pre-listing, pre-agent activity, encouraging finishing home improvements (that 50 percent of sellers do) and making up a listing price (39 percent).
Addition, our San Clemente Real Estate Agents say that one of the main reasons sellers do a pre-inspection is to know ahead of time what a buyer is likely to find during their own inspection.
It may not be worth it to get a pre-inspection if your home is brand new, you have made updates recently or you already know there are issues and you don’t have the money to make repairs before listing.
Bear in mind that you won’t have to pay for another inspection when you have an offer in hand — that’s the buyer’s responsibility.
Similar to a buyer’s home inspection, our San Clemente Listing Agents say that a pre-listing home inspection assesses major systems, mechanicals, windows, and doors and looks for signs of water damage, mold and cracks. You may also choose to pay extra for radon testing, well-water testing, internal mold testing or lead-paint testing.
Every individual seller’s motivations are different but here are some of the most common reasons people opt to hire a home inspector before listing their home for sale.
If you are concerned that a bad buyer’s home inspection could break a deal, you can do a pre-inspection today so you can repair any major defects before listing. This can allow you to avoid a lengthy (and stressful) negotiation with your buyer and might stop them from walking away over serious repair and maintenance issues.
Furthermore, our San Clemente Realtors say that some of the most frequent issues that raise red flags in a home inspection are roofing, plumbing, electrical or foundation issues; termites or other insects; mold or water damage; window or door issues; chimney damage; asbestos; and lead paint.
Fear of restricted offers because of incorrect pricing
If you don’t price your home in a way that properly reflects its condition, you may have a hard time attracting buyers. And you run the risk of accepting an offer just to have the buyer’s inspector find hidden issues that lead them to cancel the contract entirely.
A canceled contract is likely to appear on your home’s property history on the MLS and on internet sites such as Zillow and Trulia.
Buyers and their agents are typically wary of homes that have already had offers fall through. If you have a contract canceled on you, be prepared to answer why — buyers’ agents will ask!
Fear of equity stuck at the home
Sellers may use a pre-listing home inspection as a way to streamline the sale process in hopes of closing faster. This is especially common for sellers who should use the cash from their home sale as a down payment on a new home.
Overall, our San Clemente Realtors say that finishing a pre-inspection can shave a few days off your sale process if it leads to buyers being willing to waive their own inspection after seeing your pre-inspection report.