One of the most difficult parts of selling or buying a home – for the seller and buyer alike – is the home inspection. Typically, the inspection is where deals are most likely to fall apart and both buyer and seller are anxious to get it over with.
The two parties are usually hoping the home will pass inspection, but for different reasons. The seller wants the home to meet the buyer’s approval so that they don’t have to start marketing it afresh, explains Real Canadian Management. Buyers hope for the same thing because they do not want to start house-hunting all over again.
Given that homebuyers and sellers often want the same thing out of the inspection, they can make it easier for one another. This article shows homebuyers how they can approach the home inspection to make it less difficult for the seller. This will also show the sellers the steps to take to make the inspection less stressful for the buyer.
Home inspection tips for buyers
- 1. Make it official
Verbal notifications do not work; the buyer should be properly informed of your intention to conduct an inspection of the home before closing the deal. This usually means that your agent will include this as a clause in the purchase agreement. The finalization of the contract should be contingent on the home passing inspection.
- 2. Do not skip the inspection
The home inspection is there for a reason, do not overlook it. You may be tempted to bypass the home inspection because the home seems to in perfect shape, you have the seller’s assurance, or you know the seller personally. None of these reasons invalidate the purpose of having a home inspection. check out the inspection pricing.
- 3. Be present during the inspection
Be at the inspection and ask questions as the need arises. Being present gives you an in-depth view of the property. It lets you see things from the inspector’s perspective. You will be able to read the home inspection report better. And, you can get in-person advice from the inspector.
- 4. Expect to renegotiate and repair
Every home will have flaws and every home inspection will unearth problems. But problems are not always enough grounds to walk away from a deal. For every flaw you discover in the home, you will have the following options ask the buyer to fix it, renegotiate the property price, or overlook the problem. After the inspection, you may reassess the deal from the point of view of the detected problems and determine if you want to go ahead.
- 5. Request an ancillary inspection
Some issues will be uncovered during the inspection that requires a specialist in Edmonton to look at them. Where necessary do not hesitate to request an ancillary inspection. This will help you make a more informed decision about the property and how much to pay for it.
Home inspection tips for sellers
- 1. Disclose known flaws
Discussing all known flaws with the buyer makes the home inspection easier for everyone. It reduces feelings of distrust and allows both parties to cooperate. Moreover, flaws are going to be discovered anyway. And the buyer is more likely to have a negative reaction if they discover a flaw that you should have disclosed.
- 2. Make maintenance documents available
This provides the buyer with easy access to the repair history of every part of the home. It will help the buyer gain deeper insight into the condition of the property. It will also demonstrate to the buyer that you have been diligent in your maintenance of the home. Buyers can use this as a fairly accurate way to estimate how much work the home will need.
- 3. Declutter your home
What the home inspector cannot access, they cannot inspect. What they don’t inspect, they cannot score and that will depress the overall performance of your home. To avoid this, make sure there is free and clear access to every part of the home; under sinks, around electric panels, HVAC systems, and mechanical equipment.
- 4. Unlock every door
During the inspection, make sure the doors are unlocked and the keys available; they can be properly labeled and left on the kitchen table for the inspector. Unlocking doors or leaving keys behind ensures that inspectors can gain access to sheds, garages, crawl spaces, electrical boxes, and any other place that is usually locked. Do not forget the attic; providing a ladder will allow the inspector to gain access to space.
- 5. Leave home
Being present during the inspection is not good for you or the inspector. Have your agent be present, but you go away for at least three hours. If you don’t do this, you will increase your stress and get in the inspector’s way.