While certain situations make a pre-listing inspection undesirable, for most sellers a pre-listing inspection offers too many benefits to ignore. It is a proactive step that puts you ahead of the curve, allowing you to see the path ahead of you much more clearly.
Home inspections have the power to send all parties back to the negotiation table. As such, some sellers are taking the precautionary step of having an inspection done before listing the home for sale. Some real estate professionals say that having a home inspection prior to listing can offer several benefits to the seller.
Sellers who have a home inspection upfront can identify any major problems that could potentially derail a sale later on. Addressing repairs before a home is listed not only helps sell the home, but many times is more cost effective. It allows time to research the best repair option and compare bids. It also allows the seller time to contact their homeowner’s insurance if they intend to file a claim.
If items are repaired or replaced ahead of time, it becomes a non-issue for the buyer. In certain situations, if a seller does not want to make a repair or repairs, instead they can adjust their listing price to reflect the need for the work to be completed.
There have been instances where the seller will give the buyer a copy of the pre-inspection report along with the repair receipts showing that the work was completed. In some cases, the buyer will forgo having the home inspected after receiving the report.
There are lots of pros to having a pre-inspection; however, you must remember that every state has disclosure laws and that you may be legally required to disclose the problems uncovered. Whether or not it is the law to disclose, it is always best to be upfront about any known issues.
20+ years of residential experience.