Sumathi Narayanan Realty's Blog
If this is your first home sale, you might be wondering about what your requirements are in terms of home inspections. A vital step in the closing process, professional home inspections are typically included in real estate contracts as a contingency (the sale is dependent upon their completion).
But, are there any situations in which a seller would get a home inspection?
In today’s post, we’re going to talk about why sellers might want to get their home inspection and how it could be useful to the home sale process overall.
To diagnose problems with your home
When you’re deciding on the asking price of your home, you’ll want to take into account all of the things that could potentially drive that price down. Inspectors will look for a number of issues in your home, which can save you from any surprises when a potential buyer orders their inspection of your home.
The further along in the home sale process when you discover an expensive repair that needs to be made, the more complicated it makes your home sale.
So, if you’re in any doubt about whether your home will need repairs now or in the near future, ordering an inspection could be a safe option.
What do inspectors look for?
When inspecting your home, a licensed professional will look at several things:
Exterior components of your home, such as cracks or broken seals on exterior surfaces, garage door function and safety, and so on.
The structural integrity of your home; checking your foundation for dangerous cracks where moisture can enter and cause damage in the form of mold or breaks in the foundation.
The roof of your home will be checked for things like broken or loose shingles or nearby tree branches that could damage your home or nearby power lines in a storm.
The HVAC system will be tested to make sure it’s running properly and efficiently and also that vents are clean and clear of debris.
Interior components of your home will be checked for safety and damage from things like pests and water damage.
Will the seller still order an inspection if my home just had one?
An inspection contingency is built into almost all real estate contracts to protect the interests of the buyer and seller alike.
In most circumstances, a buyer will want to get their own inspection performed. After all, they don’t know who you went to for an inspection and whether they were licensed in your state.
The bottom line
Ultimately, if you’re planning on selling your home in the near future and aren’t sure if your home may have any underlying issues, it’s usually a good idea to get an inspection to make sure you can plan for any repairs or inform potential buyers of any issues with your home.
A home seller who understands his or her residence's strengths may be better equipped than others to enjoy a successful property selling experience. Fortunately, there are many things you can do to identify your house's strengths before you list your residence.
Now, let's take a look at three tips to help you identify your home's strengths.
1. Conduct a Home Inspection
Although a home inspection generally is requested by a buyer after a seller accepts his or her offer to purchase a house, a seller may want to conduct an inspection prior to listing a residence. That way, a seller can gain deep insights into a house's strengths and weaknesses and map out his or her property selling strategy accordingly.
A home inspection may require only a few hours to complete, and an inspection's benefits can be significant. After an inspection, a homeowner will receive an inspection report that details any home problems. Then, a homeowner can use this report to learn about his or her house's strengths and weaknesses and explore ways to transform assorted weaknesses into strengths.
2. Consider the Buyer's Perspective
Think about why a homebuyer may consider your residence over other options – you'll be glad you did. If you analyze the buyer's perspective, you could discover unique ways to distinguish your house from the competition.
Evaluating the buyer's perspective may help you prioritize home upgrades too. For instance, if your home boasts a large in-ground swimming pool, you may want to dedicate time and resources to clean your pool and perform any necessary repairs. Or, if your residence has a two-car garage, you may want to eliminate clutter from it so you can show off the true size of your garage to potential buyers.
3. Collaborate with a Real Estate Agent
If you are unsure about what differentiates your home from other properties in your city or town, there is no need to worry. Because if you hire a real estate agent, you can receive expert support throughout the home selling journey. And as a result, you can identify your house's strengths and take the necessary steps to highlight these strengths to potential buyers.
A real estate agent understands what it takes to sell a house, regardless of a property's age or condition. He or she is happy to meet with you and learn about you, your home and your home selling goals. Next, a real estate agent will craft a property selling strategy for you. And once you put this strategy into action, you should have no trouble achieving your desired house selling results.
In addition, a real estate agent is ready to assist you in any way possible throughout the house selling journey. If you have concerns or questions at any point during this journey, a real estate agent will respond to them right away.
Ready to add your house to the real estate market? Take advantage of the aforementioned tips, and you can identify your house's strengths and develop an effective strategy to promote your residence to the right groups of potential buyers.
An open house offers an excellent opportunity for a seller to showcase his or her residence to a large group of buyers. As such, it is important for a seller to plan ahead for an open house. If a seller devotes time and energy to prepare for an open house, his or her residence may make a positive impression on buyers.
Ultimately, there are several things that sellers need to consider before they host an open house, such as:
1. Home Interior and Exterior
A home's interior and exterior must dazzle buyers during an open house. Otherwise, a home is unlikely to make a long-lasting impression on a buyer.
To upgrade a house's interior, a seller should clean each room. Mop the floors, wipe down countertops and ensure each room is neat and tidy. Also, professional home cleaning companies are available that can help a seller quickly remove dirt, dust and debris from his or her residence.
Meanwhile, to upgrade a home's exterior, a seller should repair any damaged or cracked siding. If a seller requires extra assistance, he or she can reach out to local home improvement professionals to perform house exterior repairs as well.
2. Lawn Care
A home's messy, weed-filled lawn is unlikely to garner buyers' attention. In fact, this lawn may prove to be an instant turn-off to buyers when they attend an open house.
For sellers, it can be quick and easy to enhance a home's lawn. By mowing the lawn, trimming the hedges and performing other lawn care tasks, a seller can transform a drab lawn into a stunning one.
A seller should continue to take care of his or her lawn throughout the house selling cycle, too. If a home has an amazing lawn, this residence may capture buyers' attention, regardless of when a seller hosts an open house.
Antiques, knick-knacks and various decorations may fill your house, but these items may appear to be "clutter" in the eyes of homebuyers. Therefore, you may want to put your personal belongings into storage before you host an open house. This will allow you to keep your personal items safe during an open house. At the same time, it will help buyers envision what life could be like if they purchase your residence.
Preparing for an open house sometimes can be difficult. Thankfully, you can hire a real estate agent who can help you plan for any open house, at any time.
A real estate agent can provide recommendations to help you prepare for an open house. Plus, he or she can share buyers' feedback following an open house and ensure you can make your residence into an attractive option for buyers.
Ready to host an open house? Consider the aforementioned factors, and you can get ready for an upcoming open house. And as a result, you can boost the likelihood that an open house leads to multiple offers to purchase your residence.
Selling a home may prove to be a long, exhausting journey, particularly for those who fail to plan ahead. In fact, there are many reasons for home sellers to map out the home selling journey, and these reasons include:
1. You can identify any potential home selling pitfalls.
Although selling a home should be a quick, seamless process, problems may occur without notice that prevent you from optimizing the value of your house. Fortunately, if you plan ahead for selling your house, you can take the necessary steps to identify and address potential home selling pitfalls.
For example, conducting a home inspection before you list your residence may prove to be exceedingly valuable. This inspection enables a property expert to detect any underlying problems with your home. Then, you can use the inspection findings to prioritize home improvement projects. And once you complete these projects, you can enhance your house, increasing the likelihood of a profitable home sale.
2. You can improve your house's appearance.
Let's face it – few homebuyers likely will be attracted to a home with a messy, cluttered front lawn. Luckily, a home seller who prepares for the home selling journey can revamp a house's exterior and eliminate any eyesores.
A home seller may notice assorted home exterior problems if he or she takes an objective approach. By doing so, a home seller can consider a homebuyer's perspective and devote the necessary time and resources to bolster a house's curb appeal.
With a stunning home exterior, a house is likely to stand out from similar properties that are available. As a result, a home with superior curb appeal may generate lots of interest from potential buyers as soon as it becomes available.
3. You can get the support that you need to succeed.
No home seller should be forced to move along the home selling journey alone. If you hire a real estate agent before you list your house, however, you can get the support that you need to succeed.
A real estate agent understands the ins and outs of selling a house and can help you plan accordingly. Therefore, this housing market professional will make it easy for you to get the best price for your house, regardless of the current real estate sector's conditions.
Typically, a real estate agent will meet with you and learn about you and your house. This housing market professional next will tailor his or her home selling efforts to ensure that you can achieve your desired results.
A real estate agent also is ready to respond to any home selling question. For a real estate agent, there is no such thing as a "bad" question. This means you can ask a real estate agent any question about selling your house, and this housing market professional will provide you with a thoughtful response.
Clearly, there are many reasons to plan ahead for the home selling journey. If you start planning to list your house, you can improve your chances of enjoying a successful home selling experience.
Let's face it – selling your home has been a long, complex and stressful journey. Now, you're only 24 hours from finalizing the sale of your house and moving on to the next chapter of your life.
Although most of the home selling process is complete, a homebuyer still needs to finalize the home purchase agreement. As such, there are several things that you may want to do before a homebuyer completes his or her final walk-through of your residence, including:
1. Clean Your Home's Interior
A messy interior is unlikely to ruin your home sale. At the same time, it is always better to err on the side of caution and provide a homebuyer with a fresh, clean residence that he or she will be able to enjoy instantly.
Spend some time mopping the floors, wiping down the walls and ceilings and ensuring your house's interior looks pristine. By doing so, you can minimize the risk that a homebuyer will find last-minute problems that could delay his or her home purchase.
2. Remove Your Belongings
If you have any belongings still at your residence, you'll need to remove them quickly.
When it comes to last-minute moving, you may need to rent a moving truck. With a moving truck at your disposal, you can remove items from your property and put them in storage or move them to your new address.
Also, don't hesitate to ask family members and friends for assistance. These loved ones may be able to provide a helping hand as you prepare to relocate from your current residence. Plus, they may be able to help you alleviate stress as you wrap up the home selling cycle.
3. Cancel Any Home Services
Contact your home cable, internet and telephone service providers to inform them about your upcoming move. You may be able to move various services to your new address, or you may need to cancel some of these services entirely.
Don't forget to contact any utilities providers as well. That way, you can avoid the risk of utility bills after you leave your current address.
4. Consult with Your Real Estate Agent
Your real estate agent has been a game-changer throughout the home selling cycle. As the home selling process draws to a conclusion, your real estate will continue to do what he or she can to ensure you can get the best results possible.
If you're uncertain about what to do to get ready for a home closing, be sure to give your real estate agent a call. This housing market professional will provide details about how the home closing process will work so that you can plan accordingly.
Moreover, your real estate agent is happy to respond to any home selling concerns, at any time. He or she will go the extra mile to provide you with the home selling support you need.
Get ready to finalize a home sale – use the aforementioned tips, and you'll be able to prepare for a home closing.