Common Home Inspection Mistakes and How to Avoid Them

A home inspection can make or break a property sale. If all goes well during a home inspection, a buyer and seller can proceed with a transaction. Conversely, if a home inspector discovers major problems with a house, a property sale may be in jeopardy.

As a homebuyer, you’ll want to do everything possible to ensure a home inspection delivers valuable insights. With in-depth home insights at your disposal, you can determine whether to continue with a home purchase or reenter the housing market.

To ensure a successful home inspection, let’s take a look at three common home inspection mistakes, and how a homebuyer can avoid these problems.

1. A homebuyer hires an inexperienced home inspector.

When it comes to hiring a home inspector, it is always better to err on the side of caution. With an experienced home inspector at your side, you can boost the likelihood of a successful home inspection.

Evaluate a variety of local home inspectors. Then, take a look at each home inspector’s background and expertise to narrow your search.

In addition, if you feel comfortable with a home inspector, reach out to this professional directly before you make your final hiring decision. That way, you can request client referrals and gain additional insights to help you make an informed selection.

2. A homebuyer does not attend a home inspection.

A homebuyer is not required to attend a home inspection. However, attendance usually is a good idea, regardless of your homebuying expertise.

Remember, a home purchase is one of the biggest transactions that you likely will complete in your lifetime. If you want to ensure a home is a viable long-term investment, it certainly pays to walk around a property with a home inspector and conduct an in-depth evaluation.

In many instances, attending a home inspection may enable a homebuyer to gain home insights that might not be included in a home inspection report as well.

For example, a home inspector who identifies issues with a property may be able to give a homebuyer an estimate about how much it will cost to complete myriad property repairs. These insights are exceedingly valuable and can help a homebuyer determine whether a house is a worthwhile purchase.

3. A homebuyer ignores a home inspection report.

After a home inspector completes a property evaluation, this professional will provide the homebuyer with a home inspection report. Then, a homebuyer will have a set amount of time to review the report to determine whether to proceed with a home purchase.

A home inspection report contains plenty of valuable insights, and as such, should not be ignored. Instead, a homebuyer should spend time evaluating the report and learning from it. And if a homebuyer has any questions, he or she can reach out to the home inspector who provided the report for answers.

Lastly, if you need help planning a home inspection, you should employ a real estate agent. By hiring a real estate agent, you’ll have no trouble getting in touch with the best home inspectors in your area.

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Analyzing the Home Seller’s Perspective

To succeed in the real estate market, a home seller must understand what it takes to promote his or her residence to potential homebuyers consistently. However, transforming this dream into a reality can be exceedingly difficult, particularly for a home seller who is listing a house for the first time.

So what does it take for a home seller to succeed in any housing market, at any time? To find out, let’s consider the home seller’s perspective and look at three steps that home sellers can take to get the best results during the property selling journey.

1. Examine the Housing Market

Today’s housing market may change tomorrow. As such, an informed home seller must go above and beyond the call of duty to understand real estate market trends. By doing so, a home seller can map out his or her property selling journey accordingly.

Take a look at the prices of available homes that are similar to your own. That way, you can better understand how your residence stacks up against the competition.

Don’t forget to check out the prices of recently sold houses in your city or town as well. With this housing market data, you can find out whether you’re preparing to enter a seller’s or buyer’s market.

2. Perform a Home Appraisal

You might think that your home will sell just days after it reaches the real estate market. Conversely, most homebuyers might disagree, especially if you failed to maintain your house’s interior and exterior over the years.

Ultimately, a home appraisal allows you to learn about your house’s strengths and weaknesses. This appraisal enables a property inspector to review your home’s interior and exterior. Then, the inspector will provide you with a report that you can use to see whether your residence is housing market-ready.

If you find that your home is in need of serious improvement, there is no need to worry. Instead, you can dedicate the necessary time and resources to upgrade your residence’s interior and exterior before you list your house.

On the other hand, if a property inspector gives your home positive marks across the board, you may be ready to add your residence to the real estate market right away.

3. Meet with a Real Estate Agent

No home seller should be forced to enter the housing market alone. Fortunately, you can hire a real estate agent to guide you along each stage of the property selling journey.

A real estate agent understands what it takes to sell a home in any housing market – without exception. He or she will set up home showings and open houses, promote your residence to the right groups of homebuyers and negotiate with property buyers on your behalf. As a result, you can streamline the process of getting the best price for your residence.

Want to add your house to the real estate market? Now that you know all about the home seller’s perspective, you should have no trouble optimizing the value of your home.