In a real estate market that is so hot, as we are experiencing right now, many buyers choose to skip property inspections. They do this in order to try and win the bidding battles sparked by the current inventory shortage. The inspection is one of the most important stages of buying or selling property. Realistically, properties deteriorate with time. Professional property inspections can reveal unexpected findings.
The seller can and should take steps to protect themselves, so there are less surprises at the end of the inspection. You can navigate the inspection with some basic knowledge about inspections and maintenance. This will help you maximize the value of your property.
1. Before you inspect the property, check for any major problems.
You should first determine if there are any major problems with the property. This could include structural problems, issues with the electrical or sewer system, or even mold or termite invasions. Each of these factors can reduce the value of your property or, worse, ruin a deal. To ensure a successful sale, you should know all the details of your property.
2. Your real estate agent can provide you with professional assistance.
You can ask your real estate agent for help if you do not have experience in selling or inspecting property. Real estate agents are experienced in selling properties, and they can provide you with a valuable level of expertise.
3. Create a list of the different features and their conditions.
Make a list of all the features that you think the inspector might find interesting. These features can include the grounds, structure and roof of your property, as well as exterior windows, doors, kitchens, bathrooms, electrical, plumbing, and other aspects. Note down the features and their conditions. Note the necessary repairs. This will allow you to be more organized and save money.
4. Do not ignore minor issues.
Do not ignore minor issues before your inspection. Minor issues include cracked or flaked walls, broken garage doors, garage doors and lights, as well as minor exterior maintenance. They can also include worn-out appliances, old HVAC units, worn-out subtleties, and outdated appliances. They aren’t deal-breakers but updating minor issues can help you sell your property. Even though they usually don’t result in a significant devaluation, it’s always better to prepare for the worst. Some buyers are so focused on the small details that they fail to see the big picture. Avoid the problem before it occurs.
5. Before inspection, clean the property.
It is important to clean your property prior to an inspection. Inspectors are looking past the surface shine of a sparkling property. A clean building will sell more easily and at a higher price.
6. Before inspection, de-clutter your property.
Before an inspection, it’s important that you declutter your home. Make sure the inspectors can easily access attics, basements, and electrical panels. Make sure that all systems are on for a smooth inspection.
7. Ensure that the property is fully operational.
Check that all utilities, including water, gas and electricity, are on. Provide the inspector with remote control for various equipment, including fans, lights and HVAC systems.
8. Give the buyer and the inspector the time they need to inspect the property.
Depending on the size of your property, it can take between 1 and 4 hours to inspect all areas. Give the inspector and the potential buyer enough time to inspect the property. Do not rush them.
9. The property is yours to leave.
It is a good idea for the inspector and the buyer to leave the house during the inspection. It gives both the inspector and buyer the privacy to see things from their point of view. You might think your presence would ease the situation, but it could actually hinder the inspector. Imagine you are buying the property. Wouldn’t it be nice to have uninterrupted access during the inspection? You would want to do the same. It can go a long way.
10. Do not try to conceal any problems.
It’s simple: Never try to hide problems. If not by an inspector, they will be discovered by the buyer. You must include all issues that you are aware of when you complete the seller property disclosure form. Signing the document makes you liable. Doing the right thing is always beneficial. You always win when you do the right things.
Property inspectors are professionals with years of experience who know what they’re doing. If you act suspiciously, chances are they’ll know. Also, you will lose the trust of your buyer and inspector.
Even for experienced sellers, property inspections can be nerve-wracking. You can easily get through the process if you follow these tips.