Hello Readers!

I have previously written about the importance of a home seller to have a pre-inspection completed before putting their home on the market.  However, after hearing countless agents talk about their deals falling through thanks to lengthy inspection reports, I felt like it was time to reiterate the point. 

In fact, I too have had long inspection reports scare a buyer to the point of wanting to exit the contract.  I recently had a 25 page inspection report come back on a property that one of my buyers was attempting to purchase.  Keep in mind, this was not the full report which includes all of the items that are not faulty…this was the summary of items in need of repair!  None of the items on their own were all that bad, but when that many issues show up it’s no surprise that the buyer is concerned.  The buyer did in fact exit the contract despite the seller’s agreement to fix the items. 

This is a great example of how a pre-inspection could have prevented this sale from falling through.  The seller could have repaired many of these items beforehand and then actually held a better position to negotiate later repairs because of the great condition of the home. 

In today’s market, buyers have plenty of choices.  They are not afraid of walking away from a deal because they know another great home is just around the corner.  Sellers need to do everything possible to make their home stand out, and a pre-inspected, pre-repaired home is one way to do just that.

Regards,

Brian P. Hourigan, REALTOR

www.HouriganTeam.com