Many homeowners tend to get nervous at the thought of a home inspector going through their house with a fine-tooth comb, worrying that the inspector will find a major problem requiring costly repairs and delaying the sales process. Though the experience might seem daunting, with a little effort ahead of time, you as the home seller(s) can ensure everything goes smoothly—both for you and the inspector. Just follow this handy guide to help you prepare for a home inspection.
[Read more…]When Is a Home Inspection Required?
Believe it or not: home inspections usually aren’t mandatory. Yet, they still come highly recommended by real estate agents, banks, appraisers, and other professionals involved in the housing market. While your mortgage lender or local regulations might not deem a home inspection required, getting one is wise and often cost-effective for homeowners and buyers alike, as it can help them avoid significant financial losses and potentially deal-breaking issues with the house. Let’s explore some scenarios in which a home inspection is invaluable!
[Read more…]Home Inspections and Appraisals: What’s the Difference?
For first-time home buyers, it’s easy to get all the different terminology related to the housing market confused. Take, for example, home inspections and appraisals—after all, both involve a professional doing some type of examination and evaluation of the premises. So, what’s the difference between the two? Let’s break it down.
[Read more…]What Is a Home Seller’s Pre-Inspection?
As a home inspection company, we frequently write about buyers’ inspections on this blog. However, did you know that sellers have something to gain from getting a home inspection, too? That’s right. From identifying issues early on to standing firm in your asking price, let’s discuss what the benefits of a seller’s pre-inspection are.
[Read more…]Why You Shouldn’t Waive a Home Inspection
As a result of the hot housing market these past few years, potential buyers have often been in fierce competition with each other. Many have made offers tens of thousands of dollars over asking price, made all-cash offers, and waived the appraisal and/or home inspection contingencies to give them an edge in the seller’s market. As a home inspection company, we find the latter-most trend particularly troubling—but not just for business reasons. Let’s unpack why you shouldn’t waive a home inspection when purchasing a house.
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