What to Know Before Your Home Inspection: Sellers

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The good news, your home has an accepted offer and is now in the contingency phase. You’re checking off the list of what needs to be completed before the sale of your home is finalized. There are just a few items that are causing some anxiety. The first one to overcome is the home inspection! Even if your home is in fantastic shape and you’re sure that the inspector won’t find anything major, you still find yourself a bit nervous. I want to share some possible issues that could come up to help you feel a little more prepared.

Home Inspection - Magnifying Glass

Right after you have accepted the buyer’s offer, their agent will schedule the home inspection right away. This is if it was written in the contract and stated as a contingency for the buyers. As the seller, you already disclosed to the best of your knowledge the facts of your home in writing in the Seller’s Property Disclosure. Now, the buyers want to double-check everything looks good before they move forward with the purchase. If something does come up that the buyer addresses as an issue, there’s a chance for you and the buyer to agree on how to handle that. Whether it is crediting for repairs or formally agreeing to replace/repair the particular item(s) before closing. If there is something serious revealed in the home inspection, the buyers also can back out of the deal.

As the seller, you will want to know the key items that the home inspector will look at during the home inspection. Starting with the foundation, and structural components, if the weather allows they will also take a look at the roof, HVAC, plumbing, and electrical systems. This thorough look at the home usually takes around two to three hours, depending on the size of the home. You’ll have to plan to be out of the house for a bit while this is being conducted.

Just like you will be notified about the time and date of when this will take place, so will the buyers and their real estate agent! The buyers and the buyer’s agent will also attend the inspection so that they can go over it in detail with the home inspector about the findings. It is not required for them to be there, but important they do attend.

Plumber With Clipboard Looking At Electric Boiler

According to the American Society of Home Inspectors, here is a full list of what the home inspection will include:

  • Home’s heating system
  • Central air conditioning system
  • Interior plumbing system
  • Electrical system
  • Roof
  • Attic and visible insulation
  • Walls
  • Ceilings
  • Floors
  • Windows
  • Doors
  • Foundation
  • Basement
  • Structural Components

Now that we know what they’re going to be looking at, let’s go over some tips before the home inspection takes place!

cleaning

By now, you’re probably already an expert at tidying up the place due to showings & listing pictures. Well, now you get to show off your skills one more time. For the home inspection, it’s essential to make sure there aren’t any objects obstructing an entry/exit. You want to make sure the home inspector can get to every area in the home to ensure everything goes well in the final report. If they have to write a “defect” in the final report because they weren’t able to get to an essential item, that wouldn’t look too good to the buyers. Dusting & vacuuming also would be great.

Show some TLC to your gutters and roof. This will for sure be inspected so it’s important to clean those out. Debris is easy to spot, make sure to clean that out so it looks all nice and pretty to the home inspector! Showing TLC to the roof won’t require too much work. If the weather is nice, just use some tools to clean it off like a leaf blower. If you decided to tackle some repairs and you’re not too experienced in roofing, that could be very noticeable to the inspector and could risk it being labeled as a defect in the report.

The purpose of this professional home inspection is to find any issues that could be safety hazards and such. Therefore, some items don’t seem like a big deal to some. For instance, checking to make sure the light bulbs work, unlocking all doors, emptying the washer & dryer, smoke detectors, and other appliances. Keep these in mind to ensure the inspection runs as smoothly as possible. The light bulbs need to be working to prove there aren’t any serious wiring issues going on in the house. Unlocking all the doors helps everyone out by letting the inspector conduct his job & inspecting all areas of the house. This can also include the garage shed & attic! They will also inspect the appliances to make sure they are in working condition, so remember to empty those!

Finally, it’s strongly recommended you plan to not be present in the home inspection while it is being conducted in your home. Sometimes home inspectors will arrive earlier to prepare. If your pets aren’t big fans of people wandering around the home and tend to bark or growl, it’d be a good idea to keep them in their kennel or you could even take them with you.

Specific unknown

As long as you have disclosed everything that has taken place in your home and you can provide proof of maintenance, you shouldn’t have much to worry about. Most homes in the area were impacted by the Derecho storm. Therefore, most homeowners have insurance claims for repairs that require attention. That would be something you’d want to disclose and maintain documentation of.

Hopefully, you find these tips helpful and learned something new about what takes place at the home inspection. I hope there was something in here that you can find useful for your next home inspection. When in doubt, disclose, disclose, disclose!

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Prepping Your Home For Sale!

When you’re ready to sell your home, doing a little preparation beforehand can potentially help sell quicker and for a higher price. 

Maximize Curb Appeal
Getting them through the front door starts at the curb. Manicure the lawn, trim the trees and shrubs. Pull weeds and plant some colorful flowers. Clear the walkways. Fix peeling paint and wind up that hose. Paint the address number on the curb.

Make Repairs to Visible Blemishes
Is there something that’s an eyesore, but an easy fix? If looking at it bothers you, it could bother a potential buyer and reduce the appeal of your home. Replace burnt-out light bulbs, fix that loose door handle, make needed paint touch-ups.

Make a Buyer’s Entrance Inviting
Freshly paint the front door with a color that contrasts the house. Add a new welcome mat. Hang a fresh wreath on the door.

Let the Light Shine In
Removing heavy window coverings to let in the natural light we all crave. Add lamps to brighten up darker areas to add more cheer.

Remove the Clutter
This serves two purposes. First, you want your home to have an open and inviting appearance. Removing clutter will make rooms appear larger and more appealing. Second, it helps YOU prepare to move. Going through the clutter and getting rid of what you don’t need will make your move much easier.

Remove Personal Items
It will be much easier for potential buyers to imagine your home as theirs when they can envision their own items in it.

Highlight Special Features
Use accents and color to draw eyes to special features that you want potential buyers to notice—throw pillows, plants, or other eye-catching accessories.

Add Mirrors
Use mirrors to make rooms look larger and lighter. Position opposite windows for best effect.

Clean Out Cabinets and Closets
Buyers are nosy and they WILL open the cabinets. Make sure your contents are orderly and organized.

Eliminate Odors
Clean to remove any odors and do not cook any meals with heavy, lasting smells before a showing.

Add Aromas
You can easily add appeal by quartering an orange and adding it to a pot of water with a cinnamon stick. Simmer on low for an inviting aroma. Or bake a fresh batch of cookies (and leave a plate of them on the counter for visitors).

 

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Seller’s Questionnaire

If you’re looking for your sign to list your home, here it is! Take advantage of this market and get your money’s worth. This is a good time to take your home to the market and find out what others would pay for your home. We are experiencing lower inventory, confide in a trustworthy Realtor to guide you in this market.

over asking

Please fill out this short questionnaire where I can get some information from you and we can stay in touch. It is completely free so just fill it out to your best ability! Let’s find out what your home is really worth. Thanks in advance.

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Welcome, Sellers!

Hello! Thanks for visiting this page of my site where I will show you some helpful tips to guide you in the journey of selling your property. I would be honored to be your guide, so if you are thinking about selling your property soon, feel free to contact me and I would love to chat!

Home For Sale Real Estate Sign and Beautiful New House.
Author: Feverpitch

In today’s market, it is definitely being driven by sellers. Which is great if you’re looking to do that because you have less competition. Feel free to explore the rest of my site where I share more information starting with pricing your home right, prepping your home to be listed & for showings,  & other helpful tips. It is a good time to sell right now! Take advantage of the opportunity and Happy Selling!

 

 

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First Time Home Buyers Tips!

In today’s housing market, it is completely normal to be anxious about taking a leap of faith and wanting to have home ownership. For a lot of you, it has always been frightening as it is your first time buying.

I want to share with you some tips to keep in mind and ease your nerves as you get started. It is so easy to fill your mind with situations that could go wrong. For instance, not having the sufficient funds, not being able to get pre-approved with a qualified lender, not feeling ready & being filled with nerves, etc.! Those are all normal feelings.

realtor blue logo

That is why we are the professionals and help you guide your journey to make it as smooth as possible. It’s important to have an idea of what could come along the way and mistakes you’d want to avoid as well.

GETTING STARTED

The most important step to get started is knowing your deadlines. Essentially, you want to clearly know WHEN you need to move out by, whether that is a lease ending soon or you need to sell your home as well. Or maybe you need to be moved in before school starts in the fall. Or, you came across a job opportunity and you need to move ASAP! These are all important factors that are rooted in your reasoning to buy a home. Once you establish that and put it on your calendar, you’ll feel much better along the way when you have those important dates already decided.

Calendar date

FINANCING

Next, is of course financing. It is so easy to say, “Well, just go get pre-approved!” In most cases, it can take more than just that. If you’re a cash buyer, you’re ahead of the game!  You have to allow some time in anticipation for anything that could come up. Let’s say you this is your first time buying and you know you have been saving up, which is great! But, then you go to a qualified lender and they find that you actually need to work on your credit. This would be a huge set back if you were actually planning on moving in the next two months or so. This is why it is important to take a look at your timeline. Make sure to know what your credit looks like. Talk with a trusted lender on how to achieve those goals on a more personal level. A helpful suggestion would be to make to sure pay your credit cards in full by the due date. The reporting date on your credit cards may differ but this is usually middle of the month and/or end of the month. This means that creditors will take a look at your balance and credit usage and report that to credit bureaus. This is where a lender will pull your credit from. You want to be smart about this.

Growing plant step

SAVINGS

It’s great to have your accounts loaded but please keep in mind that you’d need to have everything sourced. For instance, if you had a large deposit in your account that the lender is going to look at. The first question will be, “Where is this coming from?” You’ll have to be prepared to back up that deposit. No need to worry if it is your salary and/or a bonus from work. If you earn income with crypto or coin base make sure to talk to a loan officer to double check if that can be sourced. If you’re receiving funds from a parent to help you secure a home purchase, this would be a “gift” and you’d want to mention it to your lender.

It’s a good idea to have an emergency fund and actively setting money aside to go towards that periodically. When you’re looking to buy a home, please keep a savings account that is indented to go towards the house. This would cover your down payment which can vary (3%, 5%, 10% or 20% of purchase price, depending on your loan), earnest money (usually 1% of purchase price, you’ll need this when you make an offer), inspection costs ($500-$600, after offer has been accepted and there is an inspection contingency), closing costs (2% or 3% of purchase price). If you’re making an offer stand out on a competitive home with multiple offers and you are saying you’d cover appraisal gaps if appraisal were to come down lower, have that money handy! Of course, you don’t need all of this money at once. You can have the earnest money, inspection costs, and some of the closings costs STARTED but you wouldn’t have to pay the closing costs until you close.

successful young business woman

GREAT NEWS, YOU GOT PRE-APPROVED!

Your trusted lender will take a look at your  income, credit score, how much you can put down and reviewed your assets as well as your tax returns. They will approve you up to a certain amount. It might be your lucky day and you got pre-approved for a lot more than you thought! Congrats. Stop for a minute and take into consideration what payments would be comfortable for you. Just because you got pre-approved for a certain amount, doesn’t mean you have to use all of that! 🙂 Please take into consideration the utility bills, if there are HOA dues, etc. All of that adds up! You do not want go house broke!

If you are switching jobs or you quit your job AFTER you received your pre-approval, let your lender know! They pre-approved you with the job income & position and all of that has to match when they finish underwriting and open the mortgage loan for you.

couple searching a new big house, paper house with key

TIME TO GO HOME SHOPPING!

Right now, we are in a seller’s market so your top 5 picks are probably already being bid on from left to right. It’s nice to have your standards in place. For instance, you need a nice flat backyard for your children to play in, or you for sure need an office because you work from home, or you need to be close to commute to and from work. This is  what helps narrow down your home search. However, it’s a good habit to keep an open-mind when taking a look at home options. I always believe in the concept that when you walk into a home, you just know if it is the one! In some cases, you have to take about three laps and look at the potential. Outweigh the pros and cons. Especially in this market. Now, this doesn’t mean that you should settle for just any home available. That is not what I am saying, of course we want to get you in the best home possible! I know everyone is different and that is totally okay! Just go after that home you fell in love with and can comfortably pay. After all, you want to choose wisely as this will be a long-term investment, hopefully!

Happy couple in their new home concept

These are just some tips to help you get an idea of what it would take to get started. I would love to chat with you to see what your situation looks like. Feel free to contact me, whether that is a phone call, text, email, or FB message, I’ll respond!

Best of luck!

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