How having a Pre-Listing Home Inspection is beneficial for you
First, it is important to know that as a homeowner in Ontario, the law requires you to make disclosures about things that could potentially impact the value or enjoyment of the house. A pre-list home inspection gives you all the information you need disclose.
1: Having the pre-inspection will bring to light items that need to be addressed that you may not have been aware of, and the inspection can confirm items that you already thought of, or new needed to be addressed.
2: This provides you the opportunity to have the items repaired or replaced where it is within your means to do so.
3: Once the items that can be fixed are done, you can then work on setting the asking price based on comparable sales, and any work that the buyer(s) may need to undertake.
4: A copy of the inspection report can be made available at showings for the perspective buyers and their agents to review, along with updates to items that have been repaired/replaced.
5: This will be especially helpful with first time buyers who may be more nervous during the home buying process.
6: This may not eliminate, but it will reduce the possibility of a price adjustment request, once the buyers have their own inspection done. There is also possible that they would use the report and Inspector that you used.
7: Some home inspections come with warranties that can be transferred to the new owners.
8: Avoid surprises! No one likes to have their home conditionally sold, only to find out after the buyer(s) have their home inspection done, and something major is found.
Pre-Inspections help provide peace of mind and reduce stress, helping to ensure a smooth transaction.
Selling your home can be a stressful situation. When an offer falls through because of something that has come up in the inspection, sellers can sometimes wonder if they could have done more.
This can help prevent offers from falling through after the inspection. It can also give a prospective buyer good insight into a home they may be considering making an offer on. A pre-listing inspection is an additional step that can be taken to allow a transaction to be as seamless as possible.