TOM & CYNDEE
BROWNER - CRS,
ABR, GRIQUAD CITIES REAL ESTATE WITH RE/MAX
SERVING THE ENTIRE IOWA AND ILLINOIS QUAD CITIES ............................................................
DAVENPORT - BETTENDORF - ROCK ISLAND - MOLINE AND SURROUNDING COMMUNITIES
TOM & CYNDEE
BROWNER - CRS,
ABR, GRI
BROKER OWNERS OF RE/MAX BI-STATE - SERVING IOWA & ILLINOIS
1-563-388-0008 Office - 1-563-388-0083 Fax - 1-866-388-0083 Toll Free - 1-563-570-7629 Cell - 355-1616 Home
Have a question? The answer is just a call or e-mail away. Contact us at tom&cyndee@quadcitiesrealestate.com
We know you want to sell your home for the most money, in the shortest time and with with least inconvenience. If you want serious advertising and effort from your agent, call or contact us for a FREE MARKET ANALYSIS of your present home. We are both Certified Residential Specialist by the Residential Sales Council. No obligation, of course. Call us on our private line at 570-7629 at RE/MAX BI-STATE or Contact us at tom&cyndee@quadcitiesrealestate.com - LOOKING TO BUY? Check out the services an Accredited Buyers Representative can mean to you.
PRE-INSPECTIONS
Often, home sellers are afraid that there is something in their home that is not right. That once an offer is accepted, the buyer may demand an inspection, find a problem that will force a major repair and expense to the seller after a price has already been negotiated.
The answer is to have that item inspected before the home is listed. Let's say the furnace is 18 years old, has worked fine as far as the owner knows, but no one has actually looked at if for years. The famous don't fix it unless it is broken syndrome. Rather than have every potential buyer look at the furnace and say oh no, this is an old one; we will have spend money to replace it. Beat them to the punch, by dusting off all the pipes and furnace surfaces, remove the cobwebs and have it inspected by a certified furnace contractor. If it passes, tape the report in plain site on the furnace for all to read. If it looks clean, and there is a current report passing it, most buyers will ignore the age and accept it as being in good condition. The same can be done on any potential problem roofs, etc.
Often appraisers may call for inspections if they have any doubts, especially on VA and FHA loans. Occasionally, I have even seen them demanded on conventional financing. In this age of buyer and seller agency, many buyer's agents (to ovoid liability), will write in inspections unless they are assured that things have already been looked at.
On both coasts, it is becoming more common for the seller to have a whole house inspection before the home is put on the market. Such inspections are rare here for buyers much less sellers, but the trend for inspections is increasing. Often trends start in California and move to the East coast, to arrive here a few years later.
In short, pre-inspections may reveal problems and expenses to the seller before they become deal killers, may remove buyer objections and make appraisal easier. If a major repair is mandated, you will have an expense, however, with the repair made, you home may also sell for more money to compensate you for the repair.