Selling your house can be daunting, with potential buyers nitpicking every corner of the place you’ve called home for countless years. After all the necessary repairs you’ve invested on, you’d naturally expect your property to be ready for the market.
Hold on a second.
Just before you go ahead and display that Open House signage, you’ll need to undergo one more process that could either make or break your dreams of earning big: Home inspection.
If you want your property to sell at the best price possible, it’s critical to learn more about home inspection. Below is a simple guide to get you started.
HOW A HOME INSPECTION WORKS
Majority of homes in Australia are inspected before they are purchased. Interested buyers hire an accredited inspector to do the work and report their findings. From here, they can further assess if the house is worth investing in.
Inspection occurs as soon as the buyer gives the go signal. The inspector will typically spend anywhere between two to three hours reviewing the home’s structural and mechanical conditions. These include cracks, leaks, dents, holes and other possible setbacks that could be found inside. The areas they initially look into are the house’s exterior, interior, roof, plumbing, electrical and HVAC systems.
Home inspectors can go as far as conducting wood checks, radon gas tests or other specialized services requested by the buyer.
After thorough inspection and review, the assessment will be sent to the buyer. If problems are found and the buyer is still interested, splitting the cost of upgrades and repairs is the common scenario. Ultimately, the decision will depend on what the buyer and seller negotiated upon.
PREPARING FOR A HOME INSPECTION
A lot of homeowners who sell their property in the absence of an agent feel as if they cannot measure up with the big guns. On the contrary, independent home sellers have just as much of an equal shot with experienced real estate agents. All it takes is preparing your property for what’s to come.
In terms of home inspection, there are plenty of ways to equip yourself and your house with the necessary value-boosting ammo. Here are some of our recommendations:
Doing a double take on all the cleaning and repairs you’ve done won’t hurt. Take the time to go around the house and see if you’ve covered all ground, including the garage. The last thing you want is for the buyer and inspector to be welcomed with unpleasant surprises Remember: Every problem they see is a few hundred dollars down the drain.
DO ONE LAST SWEEP
A clean home is worth everything in this highly competitive market. It has way of better welcoming people rather than a dusty, dirty one. Now that you’ve double-checked the repairs, it’s time to do one final sweep.
Sure the inspector will be busy looking at the other elements of your house but entering one that’s spick and span makes a huge difference.
GET RID OF THE CLUTTER
At this point, you should have started packing your personal things. You’d want a house that would be inspector-friendly and one that will actually feel like a canvas for prospective buyers to paint on.
Ensure you’ve removed those items blocking access to your HVAC systems. Moreover, clear out the space under your sinks and keep all those belongings lying around. Keep clear openings from blockage. This way, inspectors will have a convenient time doing their job.
GIVE FULL ACCESS TO YOUR HOME
You might not realize it but a home inspection is an extremely thorough process. Everything, even appliances that are not included in the property sale will be inspected. That being said, keeping everything open will help save time and make the entire work much faster and efficient.
Leave all doors, gates, sheds and utility boxes unlocked. A complete access prevents any further delay that could lead to buyers becoming impatient. You wouldn’t want to lose that sale, would you?
GET OUT OF THE WAY
We highly recommend sellers to never be present during an inspection. This might sound a little harsh but leaving them to do their job makes everything else much easier and faster.
So leave the property just before the inspector arrives. That includes everyone else who resides with you, even your pets.
THE SECRET TO A SUCCESSFUL HOME INSPECTION
We’ve let you in on the critical steps you need to take if you want to pass that home inspection with flying colors. But, we did leave out one, which we truly believe is the secret to success.
Hire your own inspector just before you put your home up for sale. You will have someone go over everything the same way the prospective buyer’s inspector would do it. Plus, you will be warned of some blind spots you may have missed, thereby giving you the time to fix them. This gives you an edge above others, as your house will be doubly prepared than ever before.
No house is perfect. There will always be tiny details we may overlook but understand this: There are plenty of ways to prepare for a home inspection. It may feel invasive and intimidating at some point. However, it’s a necessary process that will help boost your property’s value and have it sold sooner that the rest.