A home inspection is an examination of the structure and all mechanical elements by a certified professional. It traditionally includes a review of each visible aspect of the interior and exterior of a home. A certified home inspector has evaluated hundreds of homes and is therefore familiar with all the factors of home building, utility systems, and how they all should operate. Even a capable home owner may not have the skill set of a trained inspector. MA real estate inspection advice for home buyers and home sellers can be found below.
MA Real Estate Inspection Advice
Buyer Advice
Real Estate purchases are a huge investment that you should not approach without in-depth information. An inspection uncovers the condition of a property and potential repairs. You may find that most defects are expected and may be quickly repaired, while others might tell you not to move forward with purchasing a specific listing. On the other hand, an inspection may also reveal that a home is in better than expected condition. Good or bad, having this necessary information will help you with making better financial decisions. A real estate professional will advise you on the best negotiation strategy.
Home Owner Advice
Home owners can complete real estate inspections prior to listing a home for sale to address important repairs. A renovated property will sell for a higher price than one that is not. If you opt not to address the items identified, be aware that you are required to disclose any known issues to prospective home buyers. This is not actually a negative situation since buyers will at some point find them during their inspection and may negotiate concessions. By disclosing the details in advance, buyers can take it into perspective when submitting a bid, minimizing the headache of addressing it later in the transaction.
Other Considerations
The cost of an inspection often depends on the size of a home. Extra expenses may apply for comprehensive testing of items such as sewer systems. Costs may also be different based on the certifications of the inspector. Understand the background of an inspector based on training, experience, and professional certifications. In the end, an inspection is a necessary expense considering the large financial commitment that you will be making in the property. For more advice on MA real estate inspection advice and advice for real estate consumers, contact Jonathande Araujo at William Raveis Real Estate by calling 339-200-9444 or emailing jonathansrealestate@gmail.com.
