When you are selling a home, the inspection is one of the most important elements that you need to keep in mind. If your inspection uncovers issues, it can lead to issues for your selling process and make things more difficult for you in general as you work towards selling your home. However, if you can understand what the inspection means, you can make sure that you still get what you need out of your house.
Make the Necessary Repairs
Your first option after an inspection that finds issues is simply to make the repairs that pop up on the inspection. Some repairs will be more important to take care of while others are probably mostly aesthetic, so you won’t have to worry about making sure they get done. You should evaluate which of the repairs you can do on your own and what you need professional help for. Then you can set a budget and a schedule to make sure that everything gets taken care of in a reasonable amount of time.
It Can Be Harder to Sell
The challenge when your home inspection uncovers issues, is that it might be harder to sell than it would be otherwise. It’s important to make sure that you understand how your inspection is going to impact potential buyers and how they feel about your property. Depending on the specifics of your sale, the impact of your inspection can vary. For example, inspection issues are less important if you’re selling to an investor who plans to fix up the property.
You Can Negotiate
In many cases, the results of your inspection aren’t going to be a major problem for the sale. Instead, it is an opportunity for you and the buyer to negotiate an option that seems fair to both parties. Sometimes this may mean that you have to make the repairs yourself, hire someone, or pay for the repairs to be done by the buyer after the sale is complete. In the latter option, in general, your payment would be in the form of a closing credit. Talk to your realtor about how you can negotiate any issues on your inspection.
When you have a bad home inspection, it can feel really disheartening. It’s important that you take the time to figure out what was identified and come up with a solution that will get you what you need. With that in place, you can have a positive experience that will make the sale of your home easier to manage.
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