3 Assessments to Do Before Selling Your Home
When it comes to selling a home, the price is never set in stone. There are a variety of factors that come into play when determining the present value of a house. Although it can be a little frustrating for homebuyers, this constant change in price can actually provide you with a better closing number. However, before this can happen, you will need to conduct a few assessments.
Home Inspection
When it comes to real estate, the fewer surprises, the better. Therefore, before putting up your home for sale, you need to schedule a home inspection. The typical price of a home inspection can run between $300 and $500. Although it's not a cheap service, you as the homeowner should cover the cost in order to get things moving faster when potential buyers come along. Now, when it comes to choosing the right inspector, references are going to be your best friend. Unfortunately, most inspectors are not required to be licensed by the state, and, therefore, word of mouth might be your best bet. It is quite the investment, so research wisely.
Independent Survey
Often a property survey will be conducted by the buyer in order to prove to his or her mortgage lender that the property is worth their investment. However, you as the owner should conduct your own independent survey as well. A recent independent survey is usually more reliable than old surveys that could easily be out of date. Thus, you will need to locate a surveyor company. Surveyors research your property, and then come and actually walk the property lines to determine the worth of the land itself. Although most do a good job, it’s wisest to conduct multiple surveys if possible so you can choose the best one.
Pest Inspection
Things such as the condition of the pipes, air conditioning, and electrical units are a very important part of evaluating a home. Pests such as mice and termites threaten these features of the home, and there’s a possibility that your home might contain some of those pests. Before putting your home on the market, make sure to bring in a pest control service to evaluate the condition of your property from a pest perspective. This will provide you and your buyer with the peace of mind that their new home will stay in good condition.
It’s not easy to sell a house, but there are things that you can do to make it easier, as well as increase your likelihood of a positive outcome. One of the most important things you can do is conduct the right assessments to reduce the likelihood of any surprises coming up in the closing process, as well as price your property more accurately.
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