There is a large checklist of things to do before list your Collingwood home on the MLS®. You need to clean, make repairs, stage, find the right real estate professional and set an asking price. But, one thing you may have forgotten to do is to get a home inspection. You may be thinking a home inspection is up to the buyer, but there is value in getting one yourself.
What is a Home Inspection?
Wikipedia’s definition of a home inspection is:
“a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home”.
A qualified inspector has training in finding out what is wrong (and right with a home). They will inspect the various systems in the home and this may include:
· Water damage/mold
· Radon testing
· Home energy usage
· Unauthorized modifications
· Other repairs
Why do a home inspection?
Buyers often do home inspections to ensure the property is sound before they seal their offer. It gives them the peace of mind that they won’t have major repairs to pay for down the road. Some buyers will also go back and amend the offer, offering less money or asking for the repairs to be taken care of as part of the offer. If the repairs are substantial, some buyers will pull out of their offer.
As a seller, a home inspection can let you know before a buyer tells you, if there are problems with your home. This is especially true in an older home where you know that it is highly likely that an inspection will be done. You can be proactive and fix those repairs before they come back to haunt you.
If you can show a clean home inspection to potential buyers on their first viewing, it is one less step they have to take and may sway them to put in an offer on your home, over another home where the history is unknown. You are basically letting your house become an open book and it can help the buyer build trust in you and your home.