Q: "I’d like to put my house on the market. I have been dragging my feet because I know it needs updating and I am nervous about what might come up when a buyer has a home inspection. I feel stuck. What should I do?"
A: Stop worrying and find out exactly what your property needs. Home inspections are typically done by Buyers but there is no reason that a Seller can’t hire a home inspector prior to listing his/her property. This can be very helpful in preparing your property for market. After the inspection, you will be given a report that outlines the repairs that your home needs. If you take care of these problems prior to listing, you will do yourself a big favor in simplifying the negotiations once you have an interested buyer. Issues that arise as a result of the Buyer’s home inspection can sometimes cost the Seller thousands of dollars, either in actual repairs or in credits toward the sale price. Why not pre-empt any contentious negotiations before they happen? You will have to spend some money up front, but getting your home inspected by a licensed Inspector prior to listing can save you lots of money in the long run.
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