Monday, November 17, 2014

The Value Of A Home Inspection

The Value Of A Home Inspection

Homebuyers and sellers both benefit from hiring a qualified Professional Home Inspector. It is important to be aware of the condition of a home, new or old, before settling on a sale price. New foundation, plumbing or wiring systems are often more critical and valuable than cosmetic upgrades. As long as the buyer is aware of these renovations via an inspector’s report, a listing should generate positive feedback.

Value for Buyers

Prospective homebuyers should always hire a qualified home inspector to review a home before finalizing a purchase. An extensive review helps recent homebuyers avoid discovering unforeseen damage after the papers have been signed. Negative reports have the ability to facilitate or prevent moving forward in the home purchase process. Including short sales and foreclosures, all home sales should be prefaced with a Buyers Home Inspection. As a homebuyer, be wary of sellers who strongly discourage an internal assessment. They could potentially be hiding widespread or hazardous damage to make a quick and profitable transaction.

Value for Sellers

Buyers are not the only ones who benefit from inspections. If a property is in good condition, a Sellers Home Inspection might solidify a price point. For instance, a recently installed plumbing system or electrical rewiring is a positive sign for house hunters. The documented report helps prove the investment costs reflected in the list price. Pre-inspections allow the current homeowners the chance to make any repairs before listing a home. Being aware of any issues and either fixing or disclosing them helps sellers evade potential lawsuits.

Selman Home Inspections, Inc.
David Selman, Certified Master Inspector
TREC #10299
www.selmanhomeinspections.com
469-371-3228

No comments:

Post a Comment