Do you really know your home? I have had many experiences in my combined 25 years in real estate, contracting and home inspections and there is none more difficult than when the home inspection reveals a defect the seller forgot to disclose. This defect suddenly takes on epic proportions because there was no disclosure, was it intentionally missed. Items maybe un-disclosed because of an underlying more serious problem. This can scare off skittish buyers. This is when a professional can be counted on to assess the defects and make recommendations that will put your deal back on track while at the same time giving expert advice to buyers.
Completing the Sellers Disclosure of Real Property and Condition Report is very important part of a real estate transaction. The Real Estate agent is also bound to disclose any knowledge they may have that would affect the property.
Most people remember the cracks in the driveway, repaired roof leak, updated HVAC systems and the more visible defects. These are easy to remember. What about the cracked basement window or the slow drain in the bathroom sink? Did we forget to obtain a permit or get a final inspection on the electrical work or the sun room addition? The municipality of local building department can provide information for you.
Before your home is listed or a home inspection is going to take place, take some time to open all the windows to be sure they all operate properly. Make sure the heater and air conditioning system is operating properly. Check the gutters and downspouts for leaks and clogs. If there was work performed, check to see the proper permits and procedures were followed. Check for any areas in need of paint or repair. Not only will this help you understand your home, you will also be able to address items that may need attention or repair.
A small repair or minor defect, left unaddressed, could cause considerably more damage to the home. Items that have not been addressed can indicate the lack of care to a property, therefore causing the home to take longer to sell and possibly at a lower price. The buyer may point out these small items using them to negotiate for a lower selling price.
This is where an experienced real estate agent is critical. If there are visible signs of
defects and maybe some not so visible, an experienced real estate professional can recommend a qualified home inspector to throughly inspect your home with you to point out items in need of repair, maintenance or disclosure. If a professional contractor is needed, your real estate agent can assist you in finding the proper professional to address these items. Do not take chances when you are selling one of your most valuable assets. Remember Real Estate agents sell property and Home Inspectors inspect your property, don't get the two confused, that could cost you money.
About The Author: DIY Articles is a FREEl website
located at http://www.napoleon.cc, that contains many articles and a forum on Do It Yourself Projects for home maintenance or real estate.
