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Are You The Seller?

I have spent many years in the real estate business. I am constantly amazed at the poor condition of many homes on the market.

When we put our car up for sale, we have it E Tested and a Certificate of Mechanical Fitness. When we put our house up for sale, the biggest investment of our life, we constantly offer it to the public in poor condition. Over the years we tend to neglect many items of standard maintenance. These items may seem insignificant to the seller, but to a potential buyer they are glaring areas of concern that need to be addressed.

A few constructive criticisms can expedite the sale of your home. I recently inspected a house being sold by the children of the deceased occupant. The offer to purchase had been signed and the transaction was conditional upon a home inspection being satisfactory to the purchaser. We discovered Vermiculite Insulation in the attic. The transaction was dead in the water. Every one felt badly and disappointed. As the inspector I was sorry for both the purchaser and the vendor. The deal was eventually re-negotiated and finally closed successfully.

Had the Vendor ordered a home inspection when the house was first put up for sale, this problem would have been discovered. This problem would have been corrected before it became an item of concern. Both parties would have been happy. All this for only 325 dollars.

The inspection of a house by the Vendor, prior to listing or at the time of listing will disclose many of those subtle and not so subtle deal breakers. These deal breakers are unnecessary. Take care of them in the beginning and your real estate transaction will be priced accordingly. Your real estate transaction will go smoothly.The Purchaser will no doubt still request an inspection to satisfy himself. You as the Vendor however will be secure in the knowledge that you did everything possible to facilitate the sale of your property. Your disclosure statement will be accurate.

 

 

 
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