Deals Won't Fall Through
Home inspections, performed as a condition of the offer, can kill deals. Sometimes this is because:
- The purchaser gets cold feet.
- There's a big problem no one knew about.
- The home inspector scared the purchasers by using alarmist communication when describing minor and typical problems.
If the home inspection is performed before the house is listed, all parties will be aware of the condition of the house before an offer is drawn.
There will be no surprises after the fact.
Manage Unrealistic Vendors
An inspection at the time of listing can also help an agent deal with a vendor who has unrealistic price expectations. As an impartial third party assessment, the inspection report can often help to provide a factual basis for why a house should be listed at a particular price.
In addition, by investing in an inspection, the vendor's motivation to actually sell the property is enhanced.
Repairs Prior to Sale
Sometimes, the home inspector will reveal items that should be repaired. A pre-inspected listing allows the vendor to repair any conditions prior to putting the house on the market. Another option is to reflect the condition in the asking price, thus eliminating a negotiating point against you.
Sometimes, the vendor may not agree with a part of the home inspector's report. If there is a discrepancy, the MOSE inspector will discuss and resolve it, before the house goes on the market.
Consistent Standards
MOSE Home Inspections performs home inspections to accepted Canadian National Standards of Practice. These standards clearly state everything that will and will not be checked and reported on. This ensures a high level of consistency that you can depend on.
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Speed up the Process
Home inspections, performed as a condition of the offer, can slow the momentum of the sales process.
This is because of:
- Time to book inspector.
- Scheduling several hours of the buyer's time to attend an inspection on short notice.
- Possible renegotiations after the inspection.
Avoid Renegotiation
It takes a lot of work to get a signed Promise to Purchase. Then the home inspection is done and the purchaser may want to renegotiate. As most real estate agents know, renegotiation can be very difficult and stressful. Pride and frustration can muddy the already emotional waters.
If all parties know the condition of the house prior to the offer, there is no basis for renegotiation.
A vendor who pays for a home inspection is one step ahead. The whole process of selling the house is expedited.
Peace of Mind for the Purchaser
There is no doubt that part of the value of a home inspection is a guided tour of the house for the prospective purchaser. The inspection company can return to do a walk-through with the purchaser, if requested.
Summary
We believe that the future of home inspections lies in the pre-inspected listings.
Offers are cleaner and deals are less likely to be renegotiated or fall through.
Pre-inspected listings afford purchasers, vendors and agents the information and protection they all deserve.
MOSE Home Inspection performs consistent, dependable inspection services to the national standards. MOSE inspectors are skilled communicators and report effectively and objectively without using alarmist communication.
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