What to Expect from Your First Home Inspection

You’re putting a house on the market for the first time, and your to-do list is probably about a mile long. One of the most important items – and a step that needs to happen sooner rather than later – is scheduling a professional inspection of your home.

Just like during the process of purchasing your next home, it’s important to know as much as possible regarding the condition of the house before you put it on the market. With a quality inspection, you can get all of the knowledge you need to work with potential buyers and settle on a fair deal for everyone.

Timing and involvement 

When you schedule a home inspection, you’ll want to go ahead and account for roughly 2-3 hours of walk-through time. It’s recommended that you stay nearby to answer any questions that might come up, and the best inspectors don’t mind if you follow along and ask some of your own as they arise. As the inspection progresses, he or she will be making enough notes to answer some preliminary questions about possible repairs and alterations, but remember that the more detailed report will be delivered soon – sometimes by the end of the business day depending on the time of your appointment. 

The report

The typical inspection report will give you a rundown of what about your house is up to current standards and what potential issues the inspector caught. The amount of detail really depends on the condition of the house; if, for example, it’s practically brand new, you probably won’t have as many damages and weakened areas to address. Older houses, those that have been through rougher weather, or the residences that were not cared for in years previous typically have more notes and ideas for improvement included in the report. The results tend to be broken down by sections of the house, such as the basement, attic, roof, crawlspace, the plumbing work, and the ventilation system. 

Next steps

As the seller, you don’t technically have to make any of the repairs suggested in the inspector’s report. However, the chances of your house selling for a desired price are higher if you do. Essentially, it all boils down to the severity of the renovations and what price range you’re hoping for with your buyer. Sometimes, your realtor can negotiate with the buyer not to include the repairs, but to drop down the asking price instead. If you’re unwilling to fix the problems before you vacate the house, this is an option to bring up with your agent from the beginning.

Putting your house on the market for the first time can be daunting, but when you have a trustworthy real estate agent on your side, the workload decreases exponentially! If you’re ready to sell your coastal home, contact us and get started today.


A Guide for First-time Home Sellers

When you don’t know what to expect, selling your first home can quickly evolve into a convoluted and frustrating process, even with a knowledgeable realtor on your side. The experts here at Intracoastal Realty have come up with a few helpful hints to walk you through the process, so you can confidently move forward with the sale.

Meet with a trusted real estate agent.

This may seem like a no-brainer, but this first step to selling your home is the most important one. When you find and meet with a capable real estate agent, he or she will be able to assess your home and neighborhood, help you establish your needs and some realistic goals for the sale, and navigate the showing and closure process. You’ll probably also do a walk-through of the house to familiarize the agent with its physical attributes, as well as find a few tweaks to make in order to show off the place in the best possible light.

Set expectations, but remember to be flexible.

Just like you have items that are non-negotiable, so does each potential buyer that crosses the threshold of your home. When the residence is ready to be shown, discuss with your real estate agent potential compromising points, and outline very clearly what you absolutely cannot bend on before you assess the first offer.

Keep track.

In the lucky event that you receive multiple offers on your house, it would benefit you to have some sort of filing system so as not to confuse one buyer from another. This is also a handy way to compare and contrast offers with your real estate agent, so that when you’re ready to make the final call, you can easily glance at the profiles and pull out the pros and cons of each.

A clean home is a happy one.

Even after the initial showings have occurred, and after you have an offer or two for consideration, keep your house up to showcase standards. The nature of selling a home involves plenty of risk; your buyer’s credit may not be up to par with their chosen lender, he or she may suddenly back out of the deal, or your reason for moving may throw a wrench in the plans. To hopefully put off any unforeseen complications in obtaining another buyer – or keeping the one you have – maintain a tidy household to the very last day of your residence.

Plan accordingly.

As was already mentioned, there are countless ways that the eventual sale of your home could deviate from your carefully laid plan. But, with a skilled real estate agent on your side, you can be sure to include a few fallbacks and contingency courses of action in your general outline. It will also be helpful to plan out any major changes you want to make to improve your home’s appearance such as fresh paint, more intensive lawn work, or furniture rearrangement prior to opening your home to buyers.

Be prepared to offer extra features.  

It’s easy to claim that there are things you could do without in your current house: appliances, curtains, and other interior decorations to name a few. But when someone makes an offer that includes something you might have planned on taking with you after the sale, it’s time to make a decision regarding what you will and won’t miss. Just remember that at this point, it’s about being reasonable and rational, not necessarily emotionally invested. If someone requests the inclusion of appliances, consider the benefits and costs before refusing. By conceding a little, you might just gain a lot in the sale.

The main thing to keep in mind when you’re ready for a move and need to sell your house is that in spite of the stress that often comes with the process, it’s still an exciting change for you and yours to experience! By putting yourself in the hands of a capable and trusted real estate agent, you’ll also take some of the pressure off and gain a valuable resource to see you through the sale. If you’re ready to sell your house on North Carolina’s coast, contact us today!