How a Home Inspection Affects the Sale
In today’s age, the housing market is as popular as ever. More and more families have been seeking financial and property independence in the past decade and beyond, while the trend shows no signs of slowing down.
Buying a home, property, or both is one of the biggest investments you will ever make. Not only do you invest with money, but you also invest with time.
When it comes time to sell your property, you want to make sure you’re getting exactly what your home is worth and hand it off safely to the next owners. That’s where home inspections come into play.
Let’s take a look at what home inspections are and how they will affect the sale of your home!
Purpose of a Home Inspection
A home inspection is an examination of the physical structure of the property. A home inspector will take a look at several facets of your home, including the foundation, electrical systems, and plumbing systems – to name a few.
The home inspector will assess the status of these parts of your home and determine if they are up-to-date and safe to live around.
Who Initiates a Home Inspection?
Home inspections are usually prompted by the buyer. This assures the buyer that there are no hidden costs for repairs to be done after the sale. However, the seller can have a pre-inspection done before the house goes on the market to find anything that needs repairs before an honest sale.
What Kinds of Problems Do Home Inspections Find?
Home inspections can uncover a variety of problems with a home, and these can differ between new homes and old homes.
Old Home Inspections
Typically, an old home inspection will look for the following (in addition to the regular items):
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Dangerous materials like lead paint or asbestos
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Mold, moisture, or mildew
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Insect, rodent, or other pest infestations
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Structural or foundation issues
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Energy efficiencies
New Home Inspections
New home inspections are important because they can uncover problems that were missed during the build. Remember to never purchase a new home without an inspection.
Some items a home inspector might look for include:
How Do Home Inspections Affect the Sale?
A home inspection can benefit both the seller and buyer. For instance, when a seller conducts a pre-inspection and finds something to be wrong and requires fixing, they can take care of the situation before the house goes on the market. Home inspections can also cause a potential sale to fall through if the buyer doesn’t want to deal with the problems found during the inspection. That’s what makes a pre-inspection so useful.
If the problem is still there when the buyer conducts a home inspection, they will negotiate the price down from what your house is actually worth.
Fixing the issue before the buyer conducts the inspection will cost you money, but it will put more money in your pocket when it comes time to sell the home.
Another way a home inspection affects the sale is the quicker timetable. When the seller conducts a pre-inspection, it can help speed up the process of your sale, putting money in your pocket faster!
Contact DMC Home Inspections in the Twin Cities
With more than 150 components of thorough building inspection and InterNACHI and ASHI home inspection certification, DMC Home Inspections is the most trusted home inspector in the Twin Cities.
We provide honest and reliable home inspections to protect your interests. After all, purchasing a home is a huge decision, and you certainly don’t want to make the wrong choice. Choose DMC Home Inspections for a variety of quality home inspections in the Twin Cities.
Schedule an inspection online or give us a call at 612-310-1692 today!