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Aneta Andrews

Broker
Re/Max Realty Enterprises Inc., Brokerage, Brokerage Independently owned and operated. 125 Lakeshore Road East, Mississauga, Ontario L5G 1E5 Office: 905-278-3500Fax: 1-888-407-8605Cell: 416-576-5339

What makes a home inspection important?

What makes a home inspection important?
December 04, 2020
By Aneta Andrews

A home inspection is a professional service that is used to determine the physical state of the house and it can be done at any time. It is usually conducted during the real estate purchase, however it can also be used, and I recommend it, prior to listing the house. 

It helps determine the present condition of major systems in the house based on visual inspection and accessibility to different areas of the structure. 

Top 3 reasons for Home Inspection for buyers:

1. Allows to determine the overall 'health' of the building and its components

2. If major issues come up, it gives buyers an option to: 

a) ask sellers to address issue(s) at seller's expense prior to closing 

b) reduce the price of the purchase by a reasonable amount to cover the necessary repair(s)

c) buyer still has an option to walk away from home if not willing to deal with and assume issue(s)

3. Allows buyers to discover the new home step by step, by asking questions and learning about the house as much as possible alongside a knowledgeable professional 

Top Reasons for a Pre-Listing Home Inspection for sellers:

1. Allows to determine the overall 'health' of the building and its components thus very helpful in determining the asking price of the house

2. Allows time to address many issues that increase the value of the house if done properly

3. Reduce liability to the seller, by offering disclosures to buyers on items that have been discovered, which seller is not willing to remedy but those items , if hidden, could expose sellers to a potential lawsuit.

Reach out to see the recent video I recorded discussing home inspections with Michael Tita.  

 

To get a copy of my Buyer's Guide please click the link below:

https://anetaandrews.com/Buyer-Guide

'I am forever grateful for your trust and referrals and always excited to talk about Real Estate!'

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