Whether you are planning to sell your home or buy a new one, the question of a home inspection is likely to come up. There are benefits for both sellers and buyers to have a home inspected as part of the process. Selling or buying, knowing why and when to get a home inspection completed can help you get the most out of this important aspect of a real estate transaction.
If you are selling your home, it’s ideal to get a home inspection done within a month of listing your property on the market. If you get one done several months before listing, new issues may arise which you may not know about. If you wait until you have an offer on your home, you may be in for unexpected costs which you need to cover before you can sell.
Once you have your inspection done, you can get needed repairs or updates completed and include these recent updates as selling points, providing potential buyers with a bit more piece of mind regarding the care of your home. An in-depth home inspection can help you set the price of your home as well. A home in excellent condition will get a higher price than one which needs work.
If you’re buying a home, even when a seller has had an inspection done, it’s still a good idea to have your own inspection completed. Doing so is like giving yourself an extra bit of insurance towards knowing just what you’re buying. Chances are a seller will provide full disclosure of their inspection, and the results will likely be reliable.
But getting an inspection done independently takes the stress of “maybe” out of the equation. Maybe the seller’s inspector missed something. Maybe a severe storm caused new damage since an inspection was last done. Maybe there’s something you’d like to see repaired but the seller doesn’t feel is needed. With an inspection done as the buyer, these and any other question on the condition of the home you want to buy can be answered.
When it’s time for a home inspection, you want to find one you can trust. Just last year, the Home Inspection Act was passed, requiring inspectors to be licensed and insured through a qualification process, in order to protect home consumers. You can learn more about home inspections within this article published by the Real Estate Council of Ontario (RECO). If it’s time to sell, or you’re ready to move the area, discover the care and expertise of The Rick Wearing & Sandra Parrott Team. We’re here to work for you and give you the best experience when it comes to fulfilling your home dreams. Please call us at 705-788-3535 or email at info@WearingParrottTeam.com today!
This information is taken from sources deemed to be reliable. The Wearing Parrott Team does not guarantee accuracy; we recommend information be validated independently.