Tuesday, August 19, 2014

Home Inspections, Is It Worth It?



Our friend Wanda Fears shares some very valuable insight for homeowners regarding home inspections.

From her blog:

"Are you getting ready to sell your home? If you are and don't have a real estate agent, the thought of getting a home inspection may cross your mind. So is it advisable to do one before proceeding with the selling process? 
 
If you want a smooth selling process, you may want to consider doing it. Having unexpected repairs can present major challenges when trying to close a business transaction and it can also give the buyer a sense that you are someone who is unprepared. Your real estate agent will suggest for you to get a home inspection, but it is good to have all that in order even before you contact your agent initially. 
  
Major home renovations such as: roof repairs, foundation repairs, walls with termite and rotting damage are some of the things that will be both time consuming and costly. It can prevent a seller finalizing a transaction altogether. A home inspection should be one of the first things that you do when you're trying to sell a home, it is also a very small investment in the grand scheme of things.

Repairs can be a major turn off for a buyer, they may not want to take the time to do all of the things required. Most buyers will want something that they can move in readily and are probably willing to pay a little more for that convenience. 
 
The only alternative to selling a house that has not been repaired before being put up in the market would be a house that is being sold "as it is", but this can potentially decrease the amount of money that you'll get for it. So this may not be an option after all if you're trying to maximize return.
 
Like everything else in life, it's important to plan ahead. This will be especially true with things like selling a home."

To read more about what Wanda does and get some great advice on how to sell or buy a home, please visit www.bestrvarealtor.com

For more tips and tricks for all your home needs visit:
NewEarthVA.com

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