3 Benefits Of New Home Inspection

With the growing number of houses available for sale on the market, buyers are more conscious about the condition of the property and require complete report of the current condition of the house for sale and other important factors that may affect the value. Because of this, the interest for the New home inspection is on the rise. The new home inspection is a document which provides the buyers with a full inspection report of the property conducted by an experienced and high qualified inspector. The inspection report provides the conditions of the property and makes buyers aware of the potential expenses they may face once they buy the house. Therefore, the buyer can decide if he/she wants to buy the property or not. The same new home inspection report can also be used by the sellers to help them prepare all needed property related documents. Here are three major benefits of the new home inspection.

Identify the issues in time

By identifying some possible issues early on, the seller is in a position to deal with the repairs prior to listing the property for sale and make it more attractive to buyers and increase the chances of a successful deal. All this may mean more money for the seller, but also ensures faster sale. Making home repairs on time will lower the chances of buyers steering away from the property and may even increase the selling price.

Price the property right

Having a complete new home inspection report from reliable and certified home inspector allows the seller to properly price the property. For example, if the heating system needs repair, and if not accounted for in the asking price, the buyer will most likely give a lower offer.

Provide a feeling of confidence

With a new home inspection report available and after viewing a home, potential buyers may feel more comfortable in making an offer. When a potential buyer sees there are no serious repairs needed, it is easier to decide on the price. On the other hand, if there is a defect that needs to be repaired, the buyer will most likely give a lower offer or ask the seller to take care of the repair.

A new home inspection report is generally available at the property so it can be reviewed by the buyer after done with viewing the property. Moreover, the real estate agent also has the copy of the report available for the prospective buyers.