There are a variety of opportunities in the Phoenix real estate market for both buyers and sellers. If you're a prospective buyer click here for a full home search, or if you're considering placing your home on the market, get a free home value report, right here.
Most people associate home inspections with buyers, during the later phases of the real estate transaction. Here at the Altman Group, we suggest getting a home inspection before putting your home on the market. Here's 3 reasons:
- Uncover problems
- Fix problems
- Know if the buyer's requested discounts are reasonable
Buyers often ask for a credit 3 to 4 times the actual amount it costs to correct a problem. The sooner your home is pre-inspected, the sooner you can start making repairs or, if your choose not to, figure out a reasonable cost for those fixes. This will prevent buyers from asking for large credits to cover the defects.
An inspector will take a look at your electrical, plumbing, roofing, and foundation, among other things. It's essentially an overall home diagnostic test that will give you a fair assessment of what condition your home is in. It typically costs anywhere from $300 to $500 but it may save you thousands down the road. Additionally, that cost can be factored in to your list price so you don't lose any money.
The process is completely transparent - your inspector will speak with you personally about the issues discovered. All in all, a pre-inspection is an easy and inexpensive investment that gives you greater control of the home selling process. It will help you avoid potential deal-breakers down the road and save you time and aggravation.
So, if you are thinking about selling your home, you should seriously consider getting your home inspected before putting it on the market. If you have questions about the process, or simply want to chat about the Phoenix real estate market, don't hesitate to give us a call or shoot us an email. We look forward to hearing from you.