Home inspection
Why Should I have a home
inspection?
A pre-listing inspection is a wise move. It will identify any
deficiencies that your property may have and give you the opportunity
to correct the deficiencies before the property goes on the market.
Generally, the property will achieve a greater value if there is little
or nothing for the subsequent owner to do prior to moving in or that
period shortly after they take possession.
What is a Certified
Pre-Owned Home?
Suzanne
M. O'Toole is a member of the National REALTOR® Network of Certified
Pre-Owned Homes and is able to offer the program to her
sellers. Essentially, it consists of two main components/processes.
- Pre-Listing
Inspection-Prior to being listed, the Seller has a Home
Inspection performed on their home, at their
expense, by a Member of the Certified Pre-Owned Homes Inspector Network
and the Sellers agree to complete the repairs as identified by the Home
Inspector
- A
1-Year Home Warranty is then placed on the
Listed Home for the benefit of the buyer, which covers breakdowns to
the home’s major systems and appliances as well as some structural
coverage, that occur up to one year from the closing date.
Home Seller Benefits
- Once the home
inspection is completed and any repairs made, the Seller will
have a much better idea of the actual condition of their home and what
the selling price should be.
- If during the
inspection, items are discovered that need attention, the homeowner can
make repairs prior to the buyer’s inspection, thus eliminating “last
minute re-negotiations” or buyers walking away.
- The seller will
have copies of the inspection summary for open house displays as well
as a copy being posted on this web site and that of your realtor.
- The home warranty
would give both the seller and the buyer peace of mind
- Typically, the
home seller would receive a premium (currently projected to be from 3
to 5%) for their Certified Pre-Owned Home
much like auto dealers do for the Certified Pre-owned Autos (5 to 8%).
- Sellers should
have no post closing calls about their former home
- The combination of
a pre-listing home inspection and a home warranty provides
unparalleled transparency for prospective buyers about the condition of
your home and the possibility of unwanted surprises after they move in
- When your home is
listed as a Certified Pre-Owned Home it
will differentiate your listing in the marketplace and maximize your
number of potential buyers.
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