If you need to sell your house in today’s market you will need to stand out. There are too few buyers vs. sellers. The inventory of homes is its largest in the last few years. You are going to need to know all the problems that your house may potentially have. A quality home inspection will give you the information you will need to successfully place your house on the market and sell it profitably. Also, an inspector can give you insight into what the buyer’s home inspector will be looking for. Keep in mind that interest rates are still at a 20 year low and smart buyers are out there. Getting a home inspection before the listing will give you an opportunity to see where you will spend your money to market your home.
As I have said before, the potential home buyer will have ideas about the house from the time they are walking in the front door. So take a critical look at your house from the street. Ask yourself the question, would I buy this house? This is were you need to be objective, if the roof does not look flat with little to no deterioration on the shingles, most buyers will be reticent to look past this. You may want to get a professional roofer to certify the roof. The roof may be in fine shape and you have never had a problem, but most buyers tend to be skeptical about what the seller will tell them about the house. I have found that most home sellers have a really hard time being objective. The home inspection will tell you in advance where the pitfalls may be.
It is important to be with the inspector when he inspects your house. A good inspector can share with you what he is looking at and why. Issues that you never have thought of may be of concern. You may be quite comfortable with the carpet that is not tacked down correctly at the living room entrance, but a buyer may see that as a tripping hazard. Another common problem that seems to bother buyers is when the hot and cold faucets in a sink are reversed. The home inspection report will let you know which simple fix ups to tackle.
Another important aspect of the home inspection will be the major systems checks. If you bought your house 10 years ago, all the major systems have aged 10 years also. The manufacturers of hot water heaters will tell you that the life expectancy of a hot water heater is around 8 to 12 years. Therefore the buyer may perceive a 10 year old hot water heater as being older and may need to be replaced soon. It is not practical to replace all aging systems in the house; therefore you may want to talk to your Real Estate Agent for strategies that will make the house more sellable in this market. A good home inspection will help you and your Realtor with the needed information for action marketing.
Placing your house on the market and waiting for a buyer is just not good enough is today’s competitive Real Estate Market. It is important to be proactive. Anticipating and dealing with potential problems before the crunch of an offer gives the seller more options of successfully completing the deal in a profitable way. A home inspection gives you the opportunity to discuss how you will deal with potential deal breakers.
The home inspection is becoming more important than ever. It will give you a guide as to where to spend your limited budget to sell the house. It will also remind you of the minor fix ups that are virtually no cost. The inspection will also help your Realtor be more proactive with the marketing of your home. Lastly, the home inspection will let you know about potential deal breakers that may come up once you have a deal. Remember to Call NCS Inspections for your home inspection today.
Thursday, August 17, 2006
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