What is a Home Inspection?
One of the most important parts of the process when buying or selling your home. The home inspection will make sure everything in the house is functioning properly and identifies needed repairs.
Buyer
Your offer may be conditional on a home inspection so you better make sure you will not leave it for the last minute. In a competitive market, you have the option to do the home inspection before an offer, which can result in more confidence and a strong offer. There is a lot more to say when it comes to deciding when to add the condition of an inspection when buying a home, the Real Estate agent should be able to explain and analyze case by case to make sure you are fully protected.
Seller
You can find out what conditions your home is in. It may also help you choose a more accurate listing price. Not knowing if there is something wrong with your home adds a lot of stress to the sale process. The buyer’s inspection will uncover significant defects, and you may be expected to repair them if you want to get the full price for your home.
Anytime you hand a buyer an inspection report that details the present condition of a home, you are probably going to make them more confident about the purchase and it can increase the potential of receiving a better offer with less or zero conditions.
