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Best Time For a Home
Inspection
Prior to Selling a Home is the Ideal Time for a Home
Inspection
By Mark J. Donovan
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From a buyers perspective the best time for a home
inspection is before he or she actually purchases the home. This is the
point in time where a buyer knows the least about the home of interest, and
is about to make a huge commitment to it. The last thing a buyer wants,
however, is to purchase a pig in a poke. Every year thousands of home buyers
get screwed by signing on the dotted line for purchasing a home, to find out
later that they need to spend thousands of additional dollars on home
repairs. |
If only they had made the purchase and sales agreement contingent upon
passing a home inspection, and paid the extra few hundred dollars for the home
inspection, they could have saved themselves from falling into a money pit.
Another excellent time for a home inspection, from the seller’s perspective, is
just prior to putting a home on the market. This way the seller can learn where
all of the warts are with his or her home, and can elect to address them prior
to putting the home on the market, or list the home for a lower price.
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Though a seller may think he or she already knows where all the warts are with a
home, they are often incorrect and/or need a reality check from an objective
home inspector. More often than not a homeowner dismisses small issues as not
really a problem, however to potential buyers even the smallest of problems can
be a deal killer.
Homes that have had a home inspection prior to being put on the market
typically sell faster because they either have less issues when the home is
actually put on the market, or the home has been priced right to reflect its
existing issues. |
Also, it helps to eliminate any surprises and uncomfortable situations between
the buyer and seller during the sales negotiations which could sour the deal.
With both parties eyes wide open a more constructive sales price negotiation can
take place.
So whether you’re a potential home seller or a buyer the best time for a home
inspection is prior to actually listing or purchasing the home. You’ll save
yourself unwanted surprises and have better leverage when negotiating the home
sale.
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- Best Time for a Home
Inspection -
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