When you want to buy or sell a home you will want to have a home inspection done. There are benefits to having this inspection done for the buyer and the seller. This article will tell you what those advantages are and what the importance of a home inspection is. You don't want to buy or sell a home without knowing this information.
The importance of a home inspection for the buyer is just as important as for the seller. The benefits to having a home inspection done are that you will be able to find out everything about the home before you buy it. This will allow you to see the home up close so you know exactly what you are buying.
The advantages of a home inspection for the seller are that you will be able to find out about any previously unknown problems or potential upgrades so you can address them before you sell. It is always important to be aware of any issues in advance so you can disclose the problems to the buyer if you are not able to fix them. This will allow the transaction to go smoothly for everyone concerned.
Now that you know what the importance of a home inspection is you need to know how to get it done and what your role should be during the inspection. The buyer is usually the one to get the home inspection done, but the seller can also have their own inspection done if they choose to. I am starting to hear in the industry of some sellers having inspections done before their home is put on the market. If you go ahead, as a seller, don't expect the buyer to depend on your report, but at least you will be all prepared at the negotation table for any issues that you already know of and can allow for why you are accepting the offer at a certain price...and the buyer will not be able to come back and widdle away on the price after his/her home inspection. So if you want to get someone to inspect the home you will need to do a couple of different things.
One: You want to make sure that you hire a professional. Make sure that the inspector you use is a member of ASHI or American Society of Home Inspectors. This way you know you are getting someone that knows what they are doing. In Canada there are currently no mandatory certifications or legislative requirements for home inspectors, however there are industry associations such as The Canadian Association of Home and Property Inspectors (CAHPI).
Two: After the home inspection is done you want to make sure that you get a copy of the printed report. You can usually get the written report with no problems but you want to make sure that you ask about any photos that may have been taken during the inspection. It is a good idea to have a copy of both the report and photos.
Three: Be at the home inspection. You don't have to be but if you are than you will be able to ask any questions you have. This is especially helpful for the buyer of the home because it gives you a chance to become more familiar with the home and it will add confidence that you are getting a good home.
Now you know the importance of a home inspection for the seller and the buyer. Always get this done before you buy or sell a home because if you don't then you may run into problems later that you could have known about if you had just had the home inspection done.
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I am a professional Richmond Hill Real Estate sales representative. Feel free to me for all of your real estate needs including Richmond Hill Home Values and general market information. Website: www.yorkregion4sale.com
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What is it with the real estate market now? I think we are definitely seeing the effects of the US mortgage hoop-la that occurred earlier this year. I am seeing if a seller is not going to the trouble of having their homes staged and ready for showings, plus if they are not listening to the advice of their real estate agent, then they are going to be extremely frustrated. Sellers have to realise that this is not a seller's market and that they have to be listening to the advice of their realtor when objective information is provided. The statistics that we as realtors are reviewing on a daily, weekly, monthly basis give us the indication of the "temperature" of the real estate market. I was listening to a web-conference from another top-producer today and I really liked the idea of also looking closing at the showing data for our listings (ie. the stats for how the showings are). This would be another great way to get the real-time pulse on the