Why do smart home sellers have their home inspected before the buyers do?

Is it worth spending about $150 or less for a roof inspection and $125 for a wood destroying pest inspection before listing your home for sale?

Recently we had the opportunity to represent a buyer for an 18-year-old home. The home sellers had the home painted inside, replaced carpeting, and painted the exterior trim to increase their curb appeal.

Was that enough preparation?

Well, yes … they managed to receive three offers on their home after only having it for sale for a few short days. Our buyer offered the best price and terms and their offer was accepted.

But then there are inspections. Once the home was inspected the reports came back with roof repairs, exterior wood repairs, and a few other items. Although they didn’t want to, the seller ended up reducing the price to account for the repairs and potential repairs needed on the home.

Was this risky?

When I sold my own home recently, I provided the wood destroying pest and roof inspections to the buyers. This allowed for a shorter inspection time frame, less re-negotiation, and the only sale condition was the buyer’s appraisal and financing … both of which worked out.

The lesson?

Reduce the chance of re-negotiating the price and terms of your home sale by inspecting up-front and considering those results when negotiating your home’s sale.

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