You recently accepted a contract for someone to purchase your home. You followed your Realtor’s advice, and made sure that the buyer was Pre-Approved for their financing. And, if they had to sell a home in order to purchase yours, your attorney looked over their contract of sale, and followed the contract rail back to where someone was buying a home that did not need to sell one. You found your new home, and the contract for you to purchase was made contingent upon the successful closing of your sale. You did everything right.
So all should be good and you can start packing.
Oops! There’s one other thing that could derail your plans. The Home Inspection.
Face it. You’ve probably lived in your home for a number of years. There could easily be some things that you may have noticed that you know aren’t a big deal. May be a leaky faucet. Or some water coming into the basement. You’ve seen that crack in the garage floor, but it’s been there for years. There may be many things that you know aren’t an issue. But, thanks to your buyer’s home inspector, they all of a sudden are a big deal.
The problem is that you’re too close to the situation. You don’t notice these things.
If there’s a problem, there’s a solution. And here it is.
Hire An Inspector and have your Own Inspection Done. And you should do this before you put your house on the market.
Have an inspector do a full inspection, just as the inspector would do for a buyer. And when you get the inspection report, take care of the issues. Get a plumber in to fix the leaky faucet. Get that garage floor patched. Take care of the basement water issues. We find it’s less expensive to take care of the problems, because the buyers quite often want a credit. And the credit will cost you more than if you repaired those items before the buyer finds them