Tuesday, February 19, 2013

Preparing for a Home Inspection


When you decide to sell your home, you know that every nook and cranny will fall under scrutiny.  You likely cleaned your home and even rearranged your furniture and painted your walls to help your home look it’s most beautiful.  One often overlooked step is the home inspection.  Whether you pay for a home inspector or your buyer does, it’s likely your home will fall under professional scrutiny. 

Many times a home inspection is ordered after an offer is made.  This offer is often contingent on the home passing the inspection, meaning that serious deficiencies will allow the buyer to negate the offer with no penalties amassed.  Surprisingly, many home owners make no preparations for the inspection.  Fidelity National Title Agency wants to provide you with a few simple tips to help minimize any potential flaws found with your home.

Clean any Mess
While it’s true that home inspectors aren’t evaluating the cleanliness of the home, a messy home will give the appearance of a poorly maintained house.  A problem that might be something so minor the inspector would normally overlook can become, in his mind, an indication of a bigger problem.  However, if the home is clean and organized, the assumption becomes that you take care of your property.

Eliminate Known Problems
Every problem found becomes a bargaining chip for the buyer, who may expect you to fix problems or reduce your price so the buyer can later fix them.  If there are problems of which you are already aware, fix them prior to the home inspection.  This is especially true if they are minor issues such as re-caulking or repairing broken shutters.  If you have any ceiling stains, paint over them.  The stain may have come from a one-time storm, a toilet overflowing, or some other chance event.  However, to a home inspector, a stain can indicate a drainage problem that can cost the buyer significantly.  Check your attic and basement for mold, especially if these are areas you seldom visit.

Make the Inspector’s Job Easier
Common areas that hold problems are the attic and the basement.  Expect the inspector to visit both areas, so take the time to clear any paths that may be blocked.  Often, the attic access is in a closet or an area that isn’t easily accessible, so find that access and remove any items that are in the way.  Also, be sure he can easily navigate all the exterior doors and any mechanical parts of the house like the furnace.  Something as simple as moving trash bins away from the walls can save your inspector a lot of hassle.

Fill out a Real Estate Disclosure Form
If there are any problems you know about prior to the buyer’s home inspection, either fix them or list them on a real estate disclosure form.  The big disadvantage to finding problems after an offer has been made is that the buyer now has a better bargaining position while determining the final sale price.  However, if the buyer knows about the problem from the disclosure form prior to making an offer, it is difficult to renegotiate after a home inspection turns up the same problem.

No comments:

Post a Comment