Why Get a F.Y.I. Inspection?
When listing a home do you ever dread what is going to be found at your listings home inspection? Why not have the home inspected by the seller to avoid those nasty surprises. I am sure you have heard horror stories about lawsuits and canceled contracts over items not disclosed. A thorough inspection shows all effort has been exercised to give full disclosure. Most buyers inspections take place as close as possible to closing . Good for buyers, often not so good for sellers. When a seller learns of defects in advance of a contract offer, they can choose to fix or disclose. When a problem is found close to closing, disclosure is not an option any longer. The seller can only repair the problem or negotiate the price based on inflated estimates from the buyers.
Sellers: More and more sellers are choosing to have a thorough inspection before or when they first list their home/building. First, you should have a home/building inspection to aid full disclosure. Having F.Y.I. inspect the structure you will have demonstrated that you did all you could do to reveal any defects within the home/building. Second, you will save money and hassle by knowing now what your defects are, prior to accepting a offer not after you have already negotiated a price and are faced with costly repairs discovered on the buyers inspection. Defects or issues found before accepting an offer will allow you to shop for a contractor and get estimates or have the work completed and not deal with inflated estimates that a buyer may present.Third, it is a good marketing tool, knowing the issues you can lower the asking price, repair the issues, allow a amount for repairs or as is.
What if the report reveals problems?
All homes/buildings (even new construction) have problems. Every problem has a solution. Solutions vary from major to a very simple fix or adjustment of the component to adjusting the purchase price. Having a home/building inspection allows the problem to be addressed before the sale closes.
Are seller’s inspections just as thorough as a buyers inspection?
A home inspection is only as good as the home inspector. A thorough inspector who wants business, not lawsuits, will perform an unbiased inspection with integrity.
A F.Y.I. Inspection will virtually eliminate all the hassles a buyers inspection causes:
Knowing what defects are present at the initial listing creates enormous benefits:
How easy is selling a house with a Seller’s Inspection?
After the listing is signed, a Seller’s inspection is performed. If significant damage or defects are found, there will be disappointment, but no hysteria or regret. No deal about to go sour. The agent will discuss the problems with the Seller and will determine if this listing is "AS IS" with full disclosure, or if any repairs need correcting to expedite the sale. The Seller then corrects any problem areas, and calls for a re-inspection of the home. Next, a buyer enters a contract agreement with the Seller. The Buyer will choose to trust the home inspection or, will have another inspection performed. The transaction proceeds as planned. Everyone is happy.