| A home inspection performed by a knowledgeable | | | | the finalizing the Offer to Purchase, the buyer will |
| inspector can be one of the best pre-sale | | | | know which items in include as contingencies or |
| investments you make on a real estate transaction. | | | | special clauses in the sale agreement. The offer can |
| The inspector's work benefits both the buyer and | | | | focus on precisely the items that need to be |
| the seller, sometimes in similar ways, but often the | | | | covered. For example, if the roof is fine, as shown |
| inspection takes care of opposite sides of the same | | | | by the buyer's inspection, there will be no need to |
| coin. If the seller orders the inspection, the cost of | | | | mention that in the sales agreement. |
| the process can be added to the asking price of the | | | | The home inspection done by the seller is also highly |
| house. If the buyer demands the inspection, it is | | | | beneficial. By completing a seller's inspection, the seller |
| usually up to him to pay for the costs, so either way, | | | | knows precisely which repairs need to be made |
| the seller is not out the cost of the inspection. | | | | before listing the property for sale. There will not be |
| However, the buyer benefits from the inspection as | | | | the necessity of repairing or replacing a roof if the |
| well. For example, if the inspection points out the | | | | inspection shows it to be in good shape. If the |
| necessity for major or minor repairs, the buyer can | | | | chimney needs to be cleaned, that can be |
| insist on correcting the problems prior to closing. If | | | | accomplished before placing the home on the market. |
| there are major issues which are pointed out during | | | | If the furnace needs the pilot flame adjusted, that |
| the inspection process, the buyer can adjust the | | | | can be finished before the listing. |
| purchase offer price by an amount that will | | | | Conducting a Seller's Inspection will allow the property |
| incorporated the cost of the repairs. | | | | to be spruced up and made more attractive to the |
| The information gathered during a home inspection | | | | buyers. Things like chipped paint and rust stains on |
| can be invaluable to the buyer. The location of shut | | | | the basement floor will all be taken care of prior to |
| off valves, pump switches, heating and cooling filters, | | | | the showing of your real estate. The buyer will only |
| and breaker panels are all information that will be | | | | see that everything is clean and in good repair, |
| found in a comprehensive home inspection. This | | | | demonstrating that the seller takes pride in the |
| information will make it easy for the buyer to locate | | | | property and insures that everything is maintained |
| such necessities quickly in an emergency. Sometimes | | | | properly. |
| valves and switches are located in unusual places, | | | | From the seller's standpoint, if the Seller's Inspection |
| particularly in older houses. The inspection process | | | | has been completed and the results of the inspection |
| identifies and maps such important items. | | | | show that the house has no significant issues that |
| The buyer's home inspection limits surprises that can | | | | have not already been dealt with, there are unlikely |
| crop up during the initial period in a new home. Maybe | | | | to be as many contingency or special clauses in the |
| there are shaky areas in some of the home systems | | | | Offer to Purchase. Typically, when a prospective |
| that could easily fail early in the new ownership. | | | | buyers sees major items that have not yet been |
| Making use of a home buyer's inspection will let you | | | | taken care of, he is suspicious that there may be |
| know what the tentative areas are so that you can | | | | other problems just under the surface so the Offer |
| be prepared for the cost or surprise that may hit | | | | to Purchase will include contingency clauses about |
| you. By knowing exactly where the problems lie, the | | | | everything imaginable that could go wrong with the |
| buyer won't need to worry about 'what if's'. The | | | | property. The purchaser can hardly be blamed for |
| buyer will know precisely where unexpected system | | | | wanting to make sure that there won't be expensive |
| failures are likely to show up. | | | | repairs or renovations that will show up after closing. |
| By completing the buyer's inspection prior to making | | | | |