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 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.
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.