SELLERS INSPECTIONS - $300
Sellers inspections are becoming much more popular these days. More smart home sellers are choosing to have their homes inspected by a private inspector before putting them up for sale. These are called Pre-Listing Inspections or sellers Inspections. A seller’s inspection is the equivalent of a buyers inspection, but the initiator is the seller, not the buyer.
Sellers may choose to make the inspection report available for potential buyers to see, or keep it private. In either case, this is a great way for sellers to learn exactly what will be found at their home when the buyers have an inspection performed, or negate the need for a buyers inspection, and will allow sellers to preemptively repair any problems. If the seller displays the report as a public document, it can make the home more attractive by giving potential buyers peace of mind before even writing an offer. This also eases the negotiation process for all parties.
When a purchase is contingent upon an inspection, a buyers inspection can delay the process. If issues are identified, it can cancel the whole deal. Assuming the buyers still want the house, they may either try to negotiate a lower price, or ask the seller to fix the items, all delaying the closing.
Sellers Inspection before listing -
-Permits seller to make repairs ahead of time
-Defects won't become negotiating stumbling blocks later
-Sellers have the time to get reasonably priced contractors or make the repairs themselves, if qualified.
-Helps sellers to price their home realistically.
-May relieve prospects' concerns and suspicions.
-May encourage the buyer to waive the inspection contingency.
-Reduces liability by adding professional supporting documentation to sellers disclosure statement, if sellers decide not to fix the items.
Sellers inspections are becoming more and more popular, especially in the Fargo Moorhead market, when houses are selling so fast and time is of the essence. Many real estate agents prefer a Sellers Inspection because it makes the selling process go so much smoother for all parties involved.