Are you worried about finding a home within your budget? If so, it’s going to take a lot of searching to find your dream home in the right price range.
Even more important, you want to make sure that you aren’t sacrificing quality to purchase a home for a lower price. If you’re a seller, you want an inspection of your high-quality home to solidify the asking price.
For that reason, you must schedule a home inspection. But be sure to read below to see how passing a home inspection checklist can help you unlock the benefits of a home inspection.
It Reaffirms the Asking Price
As previously mentioned, if you’re a buyer, you want to ensure that you aren’t sacrificing the quality of your future. To buy a discounted home with multiple problems isn’t buying the home at a discount at all. In fact, it could cost you a lot more.
If you’re a seller, then you want to make sure your hard work and dedication to the home doesn’t go to waste. You want maximum value for all the replacements, remodeling, and renovations you’ve put in the home.
A home inspector can significantly help in either case. If you’re the buyer, the home inspection will help you understand the shape that the house is currently in.
If there are any red flags, you’ll be made aware of them in the home inspector’s write-up. This will give you confidence in buying the home at the price you’re comfortable with.
If you’re the seller, then a home inspector can benefit you just as much. Passing their home inspection checklist will help you reaffirm your asking price for the home. If the buyer wants your home and all its benefits, they’ll have to meet your price!
Builds Trust in the Relationship
Spoiler alert: no home is going to receive a 100-percent on a home inspector’s home review. If you’re waiting for that day to come, then you’ll never buy a home.
There are too many moving pieces in a home for something not to be experiencing wear and tear. The point of the home inspection is to make both the seller and buyer aware of those things moving forward.
This way, when those issues are brought to light, both the buyer and seller can work together to come to a solution. The seller might agree to fix a few issues before selling the home, while the seller might agree to make a few fixes after the sale is done.
For example, if there’s an issue with the home’s foundation, then the home seller might agree to get it fixed in order to get their initial asking price.
More importantly, the home inspection shows that neither side is trying to hide something from the other. It shows that the seller not only wants to sell the home, but they also want the buyer to be happy and confident with the purchase.
The Potential to Pay Less
Obviously, if there are a few issues that are found within the home, it’s going to complicate how the buyer feels about the situation. If you’re the buyer, then you don’t want to invest in their initial asking price, knowing there are costly fixes on the horizon.
In order to compensate for that and give you more confidence in the purchase, you can negotiate the price on the sale of the home. A home inspector gives you all the momentum in how much you’re willing to purchase the home.
In fact, there are many homebuyers that intend on finding flaws within the home so that they can get the number of rooms, bathrooms, square footage, or extra amenities at a lower price.
The money that you save on the home can go towards fixing some of the issues within the home down the line.
For example, if the home inspector tells you that the HVAC system will need to be replaced in a few years, then you can save money accordingly.
Leverage the Advantages
Now for the seller’s side of things. If you just recently had to replace something such as the HVAC system a few years back, you want to be compensated for that expense in your asking price.
When the home inspector makes the buyer aware of the HVAC’s young age, you can use it to solidify the asking price.
But that’s not all! There might be other advantages within your home that you weren’t previously aware of.
Home inspectors will check out things such as the home’s foundation, roof, electrical system, structure, plumbing, and floors. If their report praises any of those aspects of your home, it’s more momentum on your side.
You can actually use the benefits you were made aware of as a reason for either raising your asking price or staying pat at the initial price. You and your agent can use it as a way of getting buyers to view the advantages of your home, rather than the cons of it.
Use the Home Inspection Checklist to Your Advantage
Now that you’ve seen how the home inspection checklist can help you score a sweeter real estate deal, it’s time to schedule an inspection.
Be sure to read this article for more information on the home inspection nightmares you’ll want to avoid as a home seller.
For more inquiries, please be sure to reach out by scheduling an inspection and we’ll be happy to assist you further!